Lost Canyon Country Club
	Total Current Assets	Working Capital	Current Ratio
Monthly Dues are billed to member accounts	-	-	+
Used Golf Carts are sold at less than its net book value.	+	+	+
Beverages are sold for cash
Electricity Bill is received, expensed, and added to Accounts Payable
Accrued payroll from last month is paid.
Payroll expense in the current month is booked as an expense
Equipment is purchased with a five year note, payable in monthly installments
Gas bill accrued in prior month is paid
Indicate the effects of the transactions listed above on each of the following: Total current assets, Working capital (CA minus CL), and Current ratio.
Indicate increase with "+plus," indicate decrease with "minus" and indicate no effect or effect cannot be determined with "0." Assume an initial current ratio of greater than 1.0.