Please answer required 1 and 2

CP10-1 (Algo) Determining Financial Effects of Transactions Affecting Current Liabilities with Evaluation of Effects on 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. January 8 Purchased merchandise on account at a cost of \$17,500. (Assume a perpetual inventory system.) January 17 Paid for the January 8 purchase. April 1 Received $45,600 from National Bank after signing a 12-month, 9.5 percent, promissory note. June 3 Purchased merchandise on account at a cost of $21,500. July 5 Paid for the June 3 purchase. amounting to $8,100. (Use an account called Deferred Revenue.) December 20 Collected $170 cash on account from a customer. December 31 Adjusted the accounts at year-end, relating to interest. December 31 Adjusted the accounts at year-end, relating to rent. Required: 1. For each listed transaction and related adjusting entry, indicate the accounts, amounts, and effects on the accounting equation. 2. For each transaction and related adjusting entry, indicate whether the debt-to-assets ratio is increased or decreased or there is no change. (Assume EZ Curb Company's debt-to-assets ratio has always been less than 1.0.) For each listed transaction and related adjusting entry, indicate the accounts, amounts, and effects on the accounting equation. (Do not round intermediate calculation stockholders equity with a minus sign. Enter your answers in transaction order provided in the problem statement.) For each transaction and related adjusting entry, indicate whether the debt-to-assets ratio is increased or decreased or there is no change. (Assume EZ Curb Company's debt-to-assets ratio has always been less than 1.0.) (Enter your answers in transaction order provided in the problem statement.)