On April 6, Home Furnishings purchased $25,200 of merchandise from Una's Imports, terms 2/10, n/45. On April 8, Home Furnishings returned $2,400 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 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, FA for financing activity, or NC fom element is not affected by the event, leave the cell blank. (Enter any decreases to account balances and cash outflows with a minus sign. Not all cells require entry.) HOME FURNISHINGS Effect of Events on the Financial Statements Balance Sheet Assets Events Cash . Liabilities Merchandise Accounts Inventory Payable Stockholders' Equity Common Stock Retained Revenue Earnings Purchase inventory Return inventory Record discount Paid accounts payable Income Statement Expenses Net Income Statement of Cash Flows How much must Home Furnishings pay for the merchandise purchased if the payment is not made until April 202 Payment < Required B Required D > 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 operating activity, IA for Investing a 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 balances and cash outflows with a minus require entry.) HOME FURNISHINGS. Effect of Events on the Financial Statements Balance Sheet Income Statement Assets Events Cash Merchandise Inventory Liabilities Accounts Payable Stockholders' Equity Statement of Cash Net Common Stock Retained Revenue Earnings Exponses Flows Income Paid accounts payable