Question: Case B: Ospry, Inc., has working capital in the amount of $1,015,000. For each of the following transactions, determine whether working capital will increase, decrease,


Case B: Ospry, Inc., has working capital in the amount of $1,015,000. For each of the following transactions, determine whether working capital will increase, decrease, or remain the same. 1. Paid accounts payable in the amount of $21,000. Accounts Payable Working capital 2. Recorded rent payable in the amount of $27,500. Rent Payable Working capital 3. Collected $6,100 in accounts receivable. Accounts Receivable Working capital 4. Purchased $31,000 of new inventory for cash. Inventory Working capital
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