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On April 6, Year 1. Home Furnishings purchased $41,000 of merchandise from Una Imports, terms 3/10 n/45. On April 8, Home returned $8,600 of the

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On April 6, Year 1. Home Furnishings purchased $41,000 of merchandise from Una Imports, terms 3/10 n/45. On April 8, Home returned $8,600 of the merchandise to Una Imports. Home pald 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 financial 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 in a horizontal financial statements model Complete this question by entering your answers in the tabs below. Required A Required B Required Required D What is the amount that Home must pay Una Imports on April 15? Net amount duo Nated Required 3 > Required A Required B Required Required D Record the events in a horizontal financial statements model. (In the Cash Flow column, use the initials 'OA" for operating activities, "IA" for inve decreases to account balances and cash outflows with a minus sign. Not all cells in the statement of Cash Flows" column may require an input- needed.) HOME FURNISHINGS Effect of Events on the Financial Statements Balance Sheet Income Statement Net Assets Liabilities Stkholders'Equity Revenue Expense Income Accounts Common Inventory Retained Payable Stock Earnings Statement of Cash Flow Events Cash 1. Pur. inv. 2 3 Retiny Disc Pd. AP 4 . (Required A Required c>

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