Could you please assist in solving this effective problem:

Indicate the effect of each of the transactions given above on working capital, the current ratio, and the acid-test ratio. Give the effect in terms of increase, decrease, or none. Item (x) is given as an example: Consider each transaction independently and indicate their effects as compared to the ratios and amounts at the beginning of the period.

	Transaction	Working Capital	Current Ratio	Acid-Test Ratio
x.	Paid a cash dividend previously declared	None	Increase	Increase
a	Issued capital stock for cash
b	sold inventory at a gain
c	wrote off uncollectible accounts
d	declared a cash dividend
e	paid accounts payable
f	borrowed on a short-term note
g	sold inventory at a loss
h	purchased inventory on account
i	paid short-term notes due
j	purchased equipment for cash
k	sold marketable securities at a loss
l	collected accounts receivable