On April 6, Year 1, Home Furnishings purchased $32,000 of merchandise from Una Imports, terms 3/10 n/45. On April 8, Home returned $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 must pay Una Imports on April 15? b. Record the events in a horizontal statements model. c. How much must Home pay for the merchandise purchased if the payment is not made until April 20. Year 1? d. Record the payment in Requirement cin a horizontal statements model. 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 must pay Una Imports on April 15? Net amount due Required 8 > 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 investment activity, element is not affected by the event. Enter any decreases to account balances and cash outflows with a minus sign.) HOME FURNISHINGS Effect of Events on the Financial Statements Balance Sheet Income Statement Net Liabilities Stkholders' Equity Revenue - Expense Income Accounts Common Retained Pavable Stock Earnings Assets Statement of Cash Flow Events Cash + Inventory 1. Pur. inv. 2. Ret. inv. 3. Disc 4. Pd. AP Complete this question by entering your answers in the tabs below. Required A Required B Required C Required D How much must Home pay for the merchandise purchased if the payment is not made until April 20, Payment (Required B Required D > Required A Required B Required C Required D Record the payment in Requirement c in a horizontal statements model. (In the Cash Flow column, use OA to designate operating act activity and NA to indicate the element is not affected by the event. Enter any decreases to account balances and cash outflows with HOME FURNISHINGS Effect of Events on the Financial Statements Balance Sheet Income Statement Altele lance she Net Assets Liabilities Stkholders' Equity Revenue - Expense- Income Statement of Cash Flow Events Cash Inventory Accounts Payable Common Stock Retained Earnings 3. Pd. AP