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On April 6, Year 1 Home Furnishings purchased $25,200 of merchandise from Una imports, terms 210 ni45. On April 8, Home returned $2,400 of
On April 6, Year 1 Home Furnishings purchased $25,200 of merchandise from Una imports, terms 210 ni45. On April 8, Home returned $2,400 of the merchandise to Una Imports for credt. Home paid cash for the merchandise on April 15, Year 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 colume, une OA to designate operating activity. A 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 How much must Home Furnishings pay for the merchandise purchased if the payment is not made una April 20, Year 1 Record the payment of the merchandise in Requirement (c) in a horizontal statements model in the Cash Flow column, use CA 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 cel blank Complete this question by entering your answers in the tabe below. Required C Recond the events in a horizontal statements model. In the Cash Flow column, use OA to designate operating activity, A for investing advity, for tenang activity, or NC for it change in cash if the element is not affected by the event, leave the cat blank (tner eny decreases to account balances and can outflows with a sign. Nuca cat require entry) Events Assis Cash Seventy Pushapey Retum inventory cod dece Pay accours paya Balance Sheet Libite HOME FURNISHINGS Financial Statemen Stockholders Equity Income Statement Statement of Cash Expenses Required C
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