AC201 unit 4 homework

Complete this question by entering your answers in the tabs below. How much must Home Fumishings pay for the merchandise purchased if the payment is not made until April 2f Yeor 1 ? HOME FURNISHINGS On April 6, Year 1, Home Furnishings purchased $32,000 of merchandise from Una Imports, terms 3/10, n/45. On April 8, Horne returned $6,700 of the merchandise to Una Imports for credit. Home paid cash for the merchandise on April 15, Year 1. Required a. What is the amount that Home Furnishings must pay Una Imports on April 15? b. Record the events in a horizontal statements model. In the Cash Flow column, use OA to designate operating activity, IA for investing activity. FA for financing activity, or NC for net change in cash. If the element is not affected by the event, leave the cell blank. c. How much must Home Furnishings pay for the merchandise purchased if the payment is not made until April 20, Year 1 ? d. Record the payment of the merchandise in Requirement (c) in a horizontal statements model, In the Cash Flow column, use OA t designate operating activity, IA for investing activity, FA for financing activity, or NC for net change in cash. If the element is not affected by the event, leave the cell blank. If the element is not affected by the event, leave the cell blank. (Enter any decreases to account bslancos and cosh outilows with a minus sigh. Not al coll