Question 2 2.5 pts On July 18, Sexton Industries purchased 1,000 surround sound speakers to sell in its stores. The speakers cost $50 each. On September 1, Sexton paid its supplier for the speakers. Sexton should adjust its financial statements as follows: On September 1, Sexton should decrease cash and decrease accounts payable to record the payment made to its supplier. On September 1, Sexton should increase cost of goods sold and decrease accounts payable to record the payment made to its supplier. On July 18, Sexton should increase inventory and decrease cash for the receipt of the goods. On July 18, Sexton should increase inventory and increase accounts receivable for the receipt of the goods. O None of these are correct