On April 6, Year 1, Home Fumishings purchased \$32,000 of merchandise from Una Imports, terms 3/10, n/45, On April 8, Home retumed $6,700 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 Furnishings must pay Una 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, of NC for net change in cash. If the element is not affected by the event, leave the cell blank. c. How much must Home Fumishings pay for the merchandise purchased if the payment is not made until April 20, Year 1? 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. Rocord the events in a hortiontal stotements model, In the Cash flow column, use OA to designate operating activity, IA for investing activity, FA for financing activi If the element is not affected by the event, leave the cell blonk. (Enter any decreases to account belances and cash outflows with a minus sign, Not all cells require On Aprit 6. Year 1 Home Furnithings purchased 532,000 of merchandise from Una impocts, terms 3/10, n/45. On Apeti 8, Home retumed 55.700 of the merchandise to Una linports for credt. Home paid cash for the merchendise on April th. Year 1. Required a. What is the emount that Hame Fuinishings must pay Una imports on April tis? b. Pecoed the events in a horizontal thatements model. In the Cash Flow columr, use OA to designate operaing activity, IA for. ifvesting octivity. FA for fintering activity, or NC for net change in cash if the elemont is not atfected by the event, leswe the cell blonk c. How much reust Home Furniahings pay for the merchandse purchased if the payment is not made until April 20, Year 1 ? a. Recort the payment of the merchandse in Regue ement (c) in a horizontal stotements model. In the Cash Flow column, use OA to desgnate operating sttivity, lA for investing activay, FA for financing activity, or NC for net change in cash. If the element is not affected by the evint leave the cell blank Complete this questien by entering your answers in the tabs below, On Aprit 6. Yoar 1, Home Furnishings purchased $32,000 of merchandise from Una Imports, terms 3/10, n/45. On Apri 8, Home returned $6,700 of the merchandse to Una Imports for credit. Home paid cash for the merchandise on April 15, Year 1 . Required a. What is the amount that Home Fumishings must pay Una imports on April 15? 3. Record the events in a horizontal statements model. In the Cash Flow column, use OA to designate operating activity, lA for irvesting activity, FA for flinancing activity, or NC for net change in cash, If the element is not affected by the event, leove the cell blank. c. How much must Home Furnishings poy for the merchandise purchased if the payment is not made until April 20, Yoar 1 ? 1. Record the payment of the merchendise 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 finaneing activity, of 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. Record the payment of the merchandise in Requirement (c) in o horizontal statements modec. In the Cash flow column, use on to designate operating activity, iA for invel financing activity, of NC for net change in cash, If the element is not affected by the event, leave the cell blank, (Enter any decteases to account batances and cash outfley all cells require entry)
