1:44:14 Book On April 6, Year 1, Home Furnishings purchased $37,000 of merchandise from Una Imports, terms 2/10 n/45. On April 8, Home returned $7,800 of the merchandise to Una Imports. Home paid cash for the merchandise on April 15, Year 1. Required: a. What is the amount that Home must pay Una Imports on April 15? b. Record the events in a horizontal financial statements model. c. How much must Home pay for the merchandise purchased if the payment is not made until April 20, Year 1? d. Record the payment in Requirement c in a horizontal financial statements model. 4 3.33 points 011515 eBook Print References For each of the following cases determine the ending balance in the inventory account. (Hint First, determine the total cost c inventory available for sale. Next, subtract the cost of the inventory sold to arrive at the ending balance.) a. Jill's Dress Shop had a beginning balance in its inventory account of $47,500. During the accounting period, Jill's purchased $97,500 of inventory, returned $6,500 of inventory, and obtained $900 of purchases discounts. Jill's incurred $1,300 of transportation-in cost and $750 of transportation-out cost. Salaries of sales personnel amounted to $38,500. Administrative expenses amounted to $43,100. Cost of goods sold amounted to $97,300. b. Ken's Bait Shop had a beginning balance in its inventory account of $11,000. During the accounting period, Ken's purchased $48,900 of inventory, obtained $1,500 of purchases allowances, and received $510 of purchases discounts. Sales discounts amounted to $790. Ken's incurred $1,200 of transportation-in cost and $410 of transportation-out cost. Selling and administrative cost amounted to $13,800. Cost of goods sold amounted to $36,900.