CP1O-1 Determining Financial Eirects oT Transactions Arecting Curre the Debt-to-Assets Ratio [LO 10-2, LO 10-5] EZ Curb Company completed the following transactions. The annual accounting period ends December 31. Jan. 8 Purchased merchandise on account at a cost of $21,000. (Assume a perpetual inventory system.) 17 Paid for the January 8 purchase. Received $51,200 from National Bank after signing a 12-month, 13.0 percent, promissory Apr. 1 note June 3 Purchased merchandise on account at a cost of $25,000. July 5 Paid for the June 3 purchase. Aug. 1 Rented out a small office in a building owned by EZ Curb Company and collected six months' rent in advance, amounting to $10,200. (Use an account called Unearned Revenue.) Dec. 31 Determined that wages of $9,300 were earned but not yet paid on December 31 (ignole Dec 31 Delerminesd sho ware eae t not yet paid on December 31 (gnolt payroll taxes) Dec. 31 Adjusted the accounts at year-end, relating to interest Dec. 31 Adjusted the accounts at year-end, relating to rent For each listed transaction and related adjusting entry, indicate the accounts, amounts, and effects on the accounting equation. (Do not round intermediate calculations. Enter any decreases to account balances with a minus sign. Enter your answers in transaction order provided in the problem statement.) Required: . Date Assets Jan. 8