Chapter 4 Homework 4 Sexud 14.28 pants eBook On April 6, Year 1 Home Furnishings purchased $25,200 of merchandise from Una Imports, terms 2/10 n/45. On April 8, Home returned $2,400 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. Complete this question by entering your answers in the tabs below. Print Required A Required B Required C Required D References what is the amount that Home must pay Una Imports on April 157 Not amount due $ 22.344 4 Required B > 14.28 Required: eBook 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 cin a horizontal financial statements model Complete this question by entering your answers in the tabs below. Pri References Required A Required B Required C Required D Record the events in a horizontal financial statements model. Note: In the Cash Flow column, use the initials "OA" for operating activities, "LA" for investment activity, "FA" for financing activity. Enter any decreases to account balances and ca a minus sign. Not all cells in the "statement of Cash Flows" column may require an input-leave cells blank if there is no corresponding input needed. HOME FURNISHINGS Effect of Events on the Financial Statements Balance Sheet Income Statement Assets Events Cash Inventory Liabil Accounts Payable Common Stock Stockholders' Equity Retained Earnings Revenue Expense- Not Income Statement of Cash Flow 1 Purchased inventory 25,200 2 Returned inventory (2.400) 3. Discount . 4. Paid Accounts Payable + Chapter 4 Homework 4 14.28 points eBook Print Saved On April 6, Year 1. Home Furnishings purchased $25.200 of merchandise from Una Imports, terms 2/10 n/45. On April 8, Home returned $2,400 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. Complete this question by entering your answers in the tabs below. Required A Required B Required C Required D References How much must Home pay for the merchandise purchased if the payment is not made until April 20, Year 1? Payment Chapter 4 Homework 4 1428 borts Book On April 6, Year 1, Home Furnishings purchased $25.200 of merchandise from Una Imports, terms 2/10 n/45 On April 8, Home returned $2.400 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 cin a horizontal financial statements model Complete this question by entering your answers in the tabs below. Required Required Required C Required D Record the payment in Requirement c in a horizontal financial statements model Note: In the Cash Flow column, use the initials "OA" for operating activities, "IA" for investment activity, "FA" for financing activity. Enter any decreases to account balances and cash outflows will minus sign. Not all cells in the "Statement of Cash Flows column may require an input leave cells blank if there is no corresponding input needed. HOME FURNISHINGS Effect of Events on the Financial Stat Stockholders' Equity Commen Hetained Revenue Stock Earnings Balance Sheet Assets Events Cash Inventory Liabilities Accounts Payable 3. Paid Accounts Payable