Stooge Wholesale has the following transactions during the month of January $2021$: Jan. $1$ Purchased inventory from Curly Inc. for $$5,000,$ FOB destination, terms $2/10$ n$/30.$ Jan. $2$ The appropriate company paid $$100$ freight on the January $1$ purchase. Jan. $6$ Returned $$1,000$ worth of goods to Curly as they were the wrong colour. Jan. $7$ Sold half of the remaining inventory purchased from Curly to Larry Inc. for $$6,000,$ FOB destination, terms $2/20$ n$/30.$ Jan. $8$ The appropriate company paid $$40$ freight on the January $7$ sale. Jan. $10$ Paid Curly the entire amount owed to him. Jan. $12$ Purchased inventory worth $$5,000$ from Moe Inc., FOB shipping point, terms $3/15$ n$/45.$ Jan. $13$ The appropriate company paid $$75$ freight on the January $12$ purchase. Jan. $17$ Sold half of the inventory purchased from Moe to Shemp Ltd$.$ for $$5,000,$ FOB shipping point, terms $1/10$ n$/20.$ Jan. $18$ The appropriate company paid $$80$ freight on the January $17$ sale. Jan. $22$ Shemp returned $$500$ worth of the goods bought on January $17$ as you shipped the wrong size. Jan. $25$ Shemp paid their outstanding balance. Jan. $30$ Larry paid their outstanding balance. Jan. $31$ Paid Moe the entire amount owed to him. REQUIRED $-$ Use the expanded accounting equation to answer the following questions. How would Stooge Wholesale record the January $1$ 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 Stooge Wholesale record the January $2$ 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 letter that corresponds to your choice. $($A B C D E$)$ How would Stooge Wholesale record the January $6$ 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$)$ How would Stooge Wholesale record the January $7$ transaction? a$.$ Increase Sales and Accounts Receivable $$2,000$ each, and increase Cost of Goods Sold and decrease Inventory $$6,000$ each b$.$ Increase Sales and Accounts Receivable $$6,000$ each, and increase Cost of Goods Sold and decrease Inventory $$6,000$ each c$.$ Increase Sales and Accounts Receivable $$6,000$ each d$.$ Increase Sales and Accounts Receivable $$6,000$ each, and increase Cost of Goods Sold and decrease Inventory $$2,000$ each e$.$ Increase Cost of Goods Sold and decrease Inventory $$2,000$ each Enter the letter that corresponds to your choice. $($A B C D E$)$ How would Stooge Wholesale record the January $8$ 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 Enter the letter that corresponds to your choice. $($A B C D E$)$ How would Stooge Wholesale record the January $10$ 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 Stooge Wholesale pay Curly on January $10?$ How would Stooge Wholesale record the January $12$ 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 Stooge Wholesale record the January $13$ 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 Stooge Wholesale record the January $17$ transaction? a$.$ Increase Cost of Goods Sold and decrease Inventory $$2,500$ each b$.$ Increase Sales and Accounts Receivable $$5,000$ each c$.$ Increase Sales and Accounts Receivable $$2,500$ each, and increase Cost of Goods Sold and decrease Inventory $$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 $$5,000$ each, and increase Cost of Goods Sold and decrease Inventory $$2,500$ each Enter the letter that corresponds to your choice. $($A B C D E$)$ How would Stooge Wholesale record the January $18$ transaction? a$.$ Decrease Cash and increase Inventory b$.$ Decrease Cash and increase Freight Expense c$.$ Increase both Accounts Payable and Freight Expense d$.$ Decrease both Cash and Inventory e$.$ No entry is required. Enter the letter that corresponds to your choice. $($A B C D E$)$ How would Stooge Wholesale record the January $22$ transaction? a$.$ Increase Inventory and decrease Cost of Goods Sold $$1,000$ each, and decrease Accounts Receivable and increase Sales Returns $$500$ each b$.$ Increase Inventory and decrease Cost of Goods Sold $$500$ each, and decrease Accounts Receivable and increase Sales Returns $$1,000$ each c$.$ Increase Inventory and decrease Cost of Goods Sold $$500$ each, and decrease Accounts Receivable and increase Sales Returns $$500$ each d$.$ Increase Inventory and decrease Cost of Goods Sold $$500$ each e$.$ Decrease Accounts Receivable and increase Sales Returns $$1,000$ each Enter the letter that corresponds to your choice. $($A B C D E$)$ How would Stooge Wholesale record the January $25$ 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 Shemp pay Stooge Wholesale on January $25?$ How would Stooge Wholesale record the January $30$ transaction? a$.$ Increase Cash and decrease Accounts Receivable only b$.$ Increase Cash and decrease both Sales and Accounts Receivable c$.$ Increase both Cash and Sales, and decrease Accounts Receivable d$.$ Increase Cash and increase Sales only e$.$ Increase both Cash, Sales, and Accounts Receivable Enter the letter that corresponds to your choice. $($A B C D E$)$ How much does Larry pay Stooge Wholesale on January $30?$ How would Stooge Wholesale record the January $31$ 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 Stooge Wholesale pay Moe on January $31?$ PLEASE ANSWER ASAP WILL GIVE LIKES!!!