2 II. Show the effect of each transaction on the items listed next to the transactions (increase, decrease, no effect) Current Ratio Quick Ratio Net Cash Flow From Operating Activities 1. Sold treasury stock at a price above cost 2. Issued 3-year bonds and Invested the proceeds in marketable securities. 3. Wrote off an uncollectible at a price above cost 2. Issued 3-year bonds and nvested the proceeds in marketable securities. 3. Wrote off an uncollectible receivable against the allowance account. 4. Declared a cash dividend to be paid in three months. (20 pts)