PLEASE GIVE ME ANSWERS FOR THESE QUESTIONS ASAP

Marx Wholesale has the followine transactione durino the manth of thils, 2021 : July 22 Zeppo returned $1,500 worth of the goods bought on July 17 as you shipped the wrong size. July 25 Zeppo paid their outstanding balance. July 30 Chico paid their outstanding balance. July 31 Paid Harpo the entire amount owed to him. REQUIRED - Use the expanded accounting equation to answer the following questions. How would Marx Wholesale record the July 1 transaction? a. Increase both Accounts Payable and Inventory b. Increase both Purchases and Inventory c. Increase both Accounts Payable and Inventory Expense d. Increase both Purchases and Inventory Expense e. Increase both Accounts Payable and Purchases Enter the letter that corresponds to your choice. (A B C D E) How would Marx Wholesale record the July 2 transaction? a. Increase both Inventory and Accounts Payable b. Increase Freight Expense and decrease Cash c. Increase both Freight Expense and Accounts Payable d. Increase both Inventory and Freight Expense e. No entry is required. Enter the Ketter that corresponds to your choice, (A B CD E) A. How would Marx Wholesale record the July 6 transaction? a. Decrease both Purchases and Inventory Expense b. Decrease Inventory and increase Purchase Returns c. Decrease both Accounts Payable and Inventory d. Decrease both Accounts Payable and Inventory Expense e. Decrease Accounts Payable and increase Purchase Returns Enter the letter that corresponds to your choice. (A B C D E) A/ How would Marx Wholesale record the July 7 transaction? a. Increase Sales and Accounts Receivable $8,000 each, and increase Cost of Goods Sold and decrease Inventory $12,000 each b. Increase Sales and Accounts Receivable $12,000 each, and increase Cost of Goods Sold and decrease Inventory $12,000 c. Increase Sales and Accounts Receivable $12,000 each d. Increase Sales and Accounts Receivable $12,000 each, and increase Cost of Goods Sold and decrease Inventory $8,000 each e. Increase Cost of Goods Sold and decrease Inventory $8,000 each Enter the letter that corresponds to your choice. (A B C D E) How would Marx Wholesale record the July 8 transaction? a. Increase both Accounts Payable and Freight Expense b. Decrease Cash and increase Freight Expense c. Decrease both Cash and Inventory d. Decrease both Cash and Inventory e. No entry is required How would Marx Wholesale record the July 10 transaction? a. Decrease Cash, Inventory, and Accounts Payable. b. Decrease Cash and Accounts Payable, and increase Inventory. c. Decrease Cash and Inventory, and increase Accounts Payable. d. Decrease Cash and increase both Inventory and Accounts Payable. e. Decrease Cash and Accounts Payable only. Enter the letter that corresponds to your choice. (A B C D E) How much does Marx Wholesale pay Groucho on July 10 ? How would Marx Wholesale record the July 12 transaction? a. Increase both Purchases and Inventory Expense b. Increase both Accounts Payable and Purchases c. Increase both Purchases and Inventory How much does Marx Wholesale pay Groucho on July 10? How would Marx Wholesale record the July 12 transaction? a. Increase both Purchases and Inventory Expense b. Increase both Accounts Payable and Purchases c. Increase both Purchases and Inventory d. Increase both Accounts Payable and Inventory e. Increase both Accounts Payable and Inventory Expense Enter the letter that corresponds to your choice. (A B C D E) How would Marx Wholesale record the July 13 transaction? a. Increase Inventory and decrease Cash b. Increase Freight Expense and decrease Cash c. Increase both Inventory and Accounts Payable d. Increase both Freight Expense and Inventory How would Marx Wholesale record the July 13 transaction? a. Increase Inventory and decrease Cash b. Increase Freight Expense and decrease Cash c. Increase both Inventory and Accounts Payable d. Increase both Freight Expense and Inventory e. No entry is required. Enter the letter that corresponds to your choice. (A B C D E) How would Marx Wholesale record the July 17 transaction? a. Increase Cost of Goods Sold and decrease Inventory $3,000 each b. Increase Sales and Accounts Receivable $5,000 each c. Increase Sales and Accounts Receivable $3,000 each, and increase Cost of Goods Sold and decrease Inventory $5,000 each d. Increase Sales and Accounts Receivable $5,000 each, and increase Cost of Goods Sold and decrease Inventory $5,000 each e. Increase Sales and Accounts Receivable $5,000 each, and increase Cost of Goods Sold and decrease Inventory $3,000 each How would Marx Wholesale record the July 18 transaction? a. Decrease Cash and increase Inventory b. Decrease Cash and increase Freight Expense c. Increase both Accounts Payable and Freight Expense d. Decrease bth Cash and Inventory e. No entry is required. Enter the letter that corresponds to your choice. (A B C D E) How would Marx Wholesale record the July 22 transaction? a. Increase Inventory and decrease Cost of Goods Sold \$1,500 each, and decrease Accounts Receivable and increase Sales Returns $900 each b. Increase Inventory and decrease Cost of Goods Sold $900 each, and decrease Accounts Receivable and increase Sales Returns $1,500 each c. Increase Inventory and decrease Cost of Goods Sold $900 each, and decrease Accounts Receivable and increase Sales Returns $900 each d. Increase Inventory and decrease Cost of Goods Sold $900 each e. Decrease Accounts Receivable and increase Sales Returns $1,500 each Enter the letter that corresponds to your choice. (A B C D E) How would Marx Wholesale record the July 25 transaction? a. Increase Cash and decrease Accounts Receivable only b. Increase Cash and decrease Sales Discounts (increasing net sales), and decrease Accounts Receivable c. Increase Cash and Sales Discounts (reducing net sales), and decrease Accounts Receivable d. Increase Cash and decrease both Sales and Accounts Receivable e. Increase both Cash and Sales, and decrease Accounts Receivable Enter the letter that corresponds to your choice. (A B C D E) How much does Zeppo pay Marx Wholesale on July 25? A. How would Marx Wholesale record the July 30 transaction? a. Increase Cash and decrease Accounts Receivable only How much does Chico pay Marx Wholesale on July 30 ? How would Marx Wholesale record the July 31 transaction? a. Decrease Cash and Accounts Payable, and increase Inventory. b. Decrease Cash and Inventory, and increase Accounts Payable. c. Decrease Cash and increase both Inventory and Accounts Payable. d. Decrease Cash and Accounts Payable only e. Decrease Cash, Inventory, and Accounts Payable. Enter the letter that corresponds to your choice, (A B C D E) How much does Marx Wholesale pay Harpo on July 31? A