ok ht nces On April 6, Home Furnishings purchased $40,000 of merchandise from Una's Imports, terms 2/10, n/45. On April 8, Home Furnishings returned $8,400 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 20? 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. 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 15? Net amount due bes Complete this question by entering your answers in the tabs below. Required A Required B Required C Required D Record the events in a horizontal statements model. In the Cash Flow column, use OA to designate operating activity, IA for investing activity, Fi If the element is not affected by the event, leave the cell blank. (Enter any decreases to account balances and cash outflows with a minus sign. f HOME FURNISHINGS Effect of Events on the Financial Statements Balance Sheet Income Statement Events Assets Liabilities + Stockholders' Equity Net Statement of Cast Flows Cash Merchandise Accounts Inventory Payable Common Stock Retained Earnings Revenue Expenses Income Purchase inventory Return inventory Record discount Paid accounts payable < Required A Required C > wi a. What is the amount that Home Furnishings must pay b. Record the events in a horizontal statements model Investing activity, FA for financing activity, or NC for blank. c. How much must Home Furnishings pay for the merc d. Record the payment of the merchandise in Requiren designate operating activity, IA for investing activity, affected by the event, leave the cell blank. Complete this question by entering your answers Required A Required B Required C Required D How much must Home Furnishings pay for the merchand Payment Required A Required B Required C Required D Record the payment of the merchandise in Requirement (c) in a horizontal statements model. In the Cash Flow column, use OA to designate ope financing activity, or NC for net change in cash. If the element is not affected by the event, leave the cell blank. (Enter any decreases to account all cells require entry.) HOME FURNISHINGS Effect of Events on the Financial Statements Balance Sheet Income Statement Events Assets Liabilities Cash Merchandise Inventory Accounts Common Payable Stock Stockholders' Equity Retained Earnings Revenue Expenses = Net Income Statement of Cash Flows Paid accounts payable