Changes in Working Capital Following is a list of typical financial, investing, and operating transactions. For each transaction indicate whether current assets, current liabilities, and working capital either increased, decreased, or are unchanged. Use the following column headings and relation: Current assets - Current liabilities = Working capital.

	Current assets	-	Current liabilities	=	Working capital
a. Sold capital stock for cash.	AnswerDecreasedIncreasedUnchanged		AnswerDecreasedIncreasedUnchanged		AnswerDecreasedIncreasedUnchanged
b. Purchased a building with a 10% cash payment and the balance financed with note due in five years.	AnswerDecreasedIncreasedUnchanged		AnswerDecreasedIncreasedUnchanged		AnswerDecreasedIncreasedUnchanged
c. Paid current liabilities with cash.	AnswerDecreasedIncreasedUnchanged		AnswerDecreasedIncreasedUnchanged		AnswerDecreasedIncreasedUnchanged
d. Issued long-term bonds payable for cash.	AnswerDecreasedIncreasedUnchanged		AnswerDecreasedIncreasedUnchanged		AnswerDecreasedIncreasedUnchanged
e. Collected cash due on month's sales.	AnswerDecreasedIncreasedUnchanged		AnswerDecreasedIncreasedUnchanged		AnswerDecreasedIncreasedUnchanged
f. Purchased a building site by issuing long-term bonds.	AnswerDecreasedIncreasedUnchanged		AnswerDecreasedIncreasedUnchanged		AnswerDecreasedIncreasedUnchanged
g. Sold equipment for a cash amount equal to book value.	AnswerDecreasedIncreasedUnchanged		AnswerDecreasedIncreasedUnchanged		AnswerDecreasedIncreasedUnchanged
h. Purchased treasury stock for cash.	AnswerDecreasedIncreasedUnchanged		AnswerDecreasedIncreasedUnchanged		AnswerDecreasedIncreasedUnchanged
i. A long-term note matures next year is reclassified as a current liability at this year-end.	AnswerDecreasedIncreasedUnchanged		AnswerDecreasedIncreasedUnchanged		AnswerDecreasedIncreasedUnchanged