How did they get to these solutions? I'm confused if I should be referencing the one or two corresponding accounts related to each. For example with "Issuance of Short Term Notes" wouldn't Current Asset: (Likely cash) be debited and Current Liability: Short term Notes be credited resulting in a equal increase in Quick Cash, and Current Liabilities thus resulting in no change. However if I only referenced the one account, Current Liability: Short term notes then the Acid-Test would go down and not up. It is like this for many and I don't know if I"m just not looking at it the right way. Let me know if more clarification is needed

Exercise 320 Current Ratio Acid-test Ratio I Debt to Equity Ratio Action 1. Issuance of long-term bonds 2. Issuance of short-term notes 3. Payment of accounts payable 4. Purchase of inventory on account 5. Purchase of inventory for cash 6. Purchase of equipment with a 4-year note 7. Retirement of bonds 8. Sale of common stock 9. Write-off of obsolete inventory 10. Purchase of short-term investment for cash 11. Decision to refinance on a long-term basis some currently maturing debt HI HA|-2|Z|A|AZH HA|A|A|Z|A|-|Z|ZI H HAL-ZIA|A|MZ|Z|