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Chapter 3 Application 4 Seved Help Save & Exit Subm Check my work 7.69 points look Print On April 6, Home Furnishings purchased $34,000
Chapter 3 Application 4 Seved Help Save & Exit Subm Check my work 7.69 points look Print On April 6, Home Furnishings purchased $34,000 of merchandise from Una's Imports, terms 2/10, n/45. On April 8, Home Furnishings returned $7,100 of the merchandise to Una's Imports for credit. Home Furnishings paid cash for the merchandise on April 15. Required a. What is the amount that Home Furnishings must pay Una's 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 207 d. Record the payment of the merchandise in Requirement (c) 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. References Complete this question by entering your answers in the tabs below. Required A Required B Required C Required D What is the amount that Home Furnishings must pay Una's Imports on April 157 Net amount Que Required> Mc > Hill
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