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On April 6, Home Furnishings purchased $43,000 of merchandise from Una's Imports, terms 2/10, n/45. On April 8, Home Furnishings returned $9,000 of the merchandise
On April 6, Home Furnishings purchased $43,000 of merchandise from Una's Imports, terms 2/10, n/45. On April 8, Home Furnishings returned $9,000 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 157 Net amount due Required A Required B > Complete this question by entering your answers in the tabs Raced the events in a honaantal statements made cash. If the wement is not affected by the event wave the cat tank contar any crease is ONE SIGICH He can sit wik Putas try Retum vety Record discu Paid accounts payable Merchandis Repired A Required > the Complete this question by entering your answers in the tabs below. Required A Required B Required C Required D How much must Home Furnishings pay for the merchandise purchased if the payment is not made until April 202 Payment Complete this question by entering your answers in the tabs below Requred A Required C Record the payment of the merchandise in segurement (e) in a herental statements made fnancing activity, or NC for net change in can. If the element is at affected by the event, Not a Cela require entry) the Can row cum, ue o te gare eating activity for wing it leave the cat sans (any declan with Paid accounts payab HOME WASHINGY (Beck of Even i A Account Memory C
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