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Case B: Ospry, Inc., has working capital in the amount or $970,000. For each or the following transactions, determine whether working capital will increase, decrease,
Case B: Ospry, Inc., has working capital in the amount or $970,000. For each or the following transactions, determine whether working capital will increase, decrease, or remain the same 1. Paid accounts payable in the amount or $12,000. Accounts Payable Working capital 2. Recorded rent payable in the amount of $23,000. Rent Payable Working capital 3. Collected $5,200 in accounts receivable Accounts Receivable Working capital 4. Purchased $22,000 of new inventory for cash Working capital
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