Exercise 4-5A Cash discounts and purchase returns LO 4-2, 4-3 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 for credit. 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 statements model like the following one. 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 statements model like the one above. Complete this question by entering your answers in the tabs below. Required A Required Required cRequired D What is the amount thot Home must pay una imports on April 157 Not amount duo Required > Help Save & Exl 4. www.uy . b. Record the events in a horizontal statements model like the following one. c. How much must Home pay for the merchandise purchased the payment is not made until April 20, Year 1? d. Record the payment in Requiremente in a horizontal statements model like the one above. Complete this question by entering your answers in the tabs below. Required A Required B Required Required D BOOM Record the events in a horizontal statements modelike the following one. (In the Cash Flow column, use OA to designate operating activity, IA for investme and NA to indicate the element is not affected by the event. Enter any decreases to account balances and cash outflows with a minus sign) HOME FURNISHINGS Effect of Events on the Financial Statements Balance Sheet Income Statement Assets Liabilities Stholders' Equity Net Revenue Expense - Income Inventory Accounts Common Retained Payable Stock Earnings Statement of Cash Flow Events Cash + 1. Purir 2. For 3. Die 4. PAP . Required A Required> Exercise 4-5A Cash discounts and purchase returns LO 4-2, 4-3 On April 6, Year 1. Home Furnishings purchased $37,000 of merchandise from Una Imports, terms 2/10 n/45. returned $7,800 of the merchandise to Una Imports for credit. Home paid cash for the merchandise on April Required a. What is the amount that Home must pay Una Imports on April 15? b. Record the events in a horizontal statements model like the following one. 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 statements model like the one above. Complete this question by entering your answers in the tabs below. Required A Required B Required Required D How much must Home pay for the merchandise purchased if the payment is not made until April 20, Year 1? Payment