On April 6, Year 1, Home Furnishings purchased $33,000 of merchandise from Una Imports, terms 1/10, n/45. On April 8, Home returned $6,900 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, 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, 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. 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, I 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 sign. HOME FURNISHINGS Effect of Events on the Financial Statements 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, I 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 sign. HOME FURNISHINGS Effect of Events on the Financial Statements Balance Sheet Income Statement = Liabilities + Stockholders' Equity Net Accounts Common Retained Revenue Expenses = + Income Payable Stock Earnings Events Assets Statement of Ca Flows Cash + Inventory + + + + + + + Purchase inventory Return inventory Record discount Pay accounts payable + + + + + + HOME FURNISHINGS Effect of Events on the Financial Statements Balance Sheet Income Statement = Liabilities + Stockholders' Equity Net Accounts Common Retained Revenue Expenses = Income Payable Stock Earnings Events Assets Statement of Cash Flows Cash + Inventory + Pay accounts payable + + +