Capital Sold common stock for cash Assignment | College Homework Help

Indicate the immediate effect that each transaction shown below will have on the cash account the current ratio, and working capital. For each transaction, the effect could be an increase (+), a decrease (-), or no change (NC). Cash Account Current Working Ratio Capital Sold common stock for cash Food purchased on account Collected accounts receivable Received cash sales revenue A cash dividend declared but not yet paid Paid cash for a new cash register Borrowed funds on 30-day loan Credit card receivables were collected A used item of equipment is sold for cash Indicate in which section of a statement of cash flows, indirect method, the following