can you please answer 7-10

QUESTION 7 On February 20, Wursthaus, Inc., paid for $500 of the sausages purchased on account on January 21. Show the effect of this transaction on the accounting equation below. IF THERE IS NO EFFECT, SELECT "0 NO EFFECT." . Assets Liabilities - Shareholders' Equity A. (500) Accounts Payable B. 500 Inventory Expense C. 0 No Effect D. (500) Inventory Expense E. 500 Cash F. (500) Cost of Goods Sold G. (500) Cash H. 500 Accounts Payable I. 500 inventory QUESTION 8 QUESTION 9 Indicate whether the account is an Asset, Liability or Shareholders' Equity account: Wages Payable A. Liability Wages Expense B. Shareholders' Equity Prepaid Insurance c. Asset QUESTION 10 Indicate the financial statement where you would expect to find each line item: - Accounts Receivable A. Income Statement Cash Collected from Customers B. Statement of Shareholders' Equity - Sales Revenue C. Statement of Cash Flovs - Deferred Revenue D. Balance Sheet