eBook Purchase-related transactions Illustrate the effects on the accounts and financial statements of the following related transactions of La Paz Company. If no account or activity is affected, select "No Effect" from the dropdown list and leave the corresponding number entry box blank. Enter account decreases and cash outflows as negative amounts. a. Purchased $18,400 of merchandise from Harbin Co. on account, terms 2/10, n/30. Statement of Cash Flows Merchandise Inventory No Effect Statement of Cash Flows Feedback Check Mu Mut hp Assets Balance Sheet Stockl Liabilities Eq + No Effect =Accounts Payable + No Effe No Effe No Effe No Effe Previous Next 82F Sunny 1:57 PM 9/8/2022