On April 6, Home Furnishings purchased $36,000 of merchandise from Una's imports, terms 1110 , n/45. On April 8, Home Fumishings returned $7,600 of the merchandise to Una's imports for crecit. Home Fumishings paid cash for the merchondise on April 15. Required: a. What is the amount that Home Furnishings must pay Una's imports on Apeil 15? b. Use a horizontal financial statements model to show how each event affects the bilance sheet, income statement, and statement of cash flows. More specifically, record the amounts of the events into the model. Also, in the Statement of Cash Flows column, classify the cash flows as operating activities (OA), investing octivities (IA), or financing act vities (FA). c. How much must Home Furnishings pay for the merchandise purchased if the payment is not made until April 20 ? d. Record the payment for the merchand se in Requirement (c) in the horizontal financial statements model. Also, in the Statement of Cash Flows column, classify the cosh flows as operating activities (OA), investing act vities (A), or financing activities (FA). Complete this question by entering your answers in the tabs below. Use a horizontal fnandal statements model to show how each event affects the balance sheet, income statement, and statement of cash flows. More specincally, record the amounts the model. Also, in the Statement of Cash Flows column, dassify the cash fows as operating activities (OA), investing activities (LA), or financing activities (FA). Note: Enter ahy decreases to sccourc belances and cast outflows with a minus sign. Leave cellis blank if no insut is needed. On April 6, Home Fumishings purchased $36,000 of merchandise from Una's imports, terms 1/10,n/45. On April 8, Home Furnishings returned $7,600 of the merchandise to Una's imports for credit. Home Furnishings paid cash for the merchandise on April 15. Required: a. What is the amount that Home Fumishings must pay Una's Imports on April 15? b. Use a hotizontal financial statements model to show how each event affects the balance sheet, income statement, and statement of cash flows. More specifically, record the amounts of the events into the model. Also, in the Statement of Cash Flows column, Classify the cash flows as operating activities (OA), investing activities (A), or financing activities (FA). c. How much must Home Furnishings pay for the merchandise purchased if the payment is not made until April 20? d. Record the payment for the merchand se in Requirement (c) in the horizontal financial statements model. Also, in the Statement of Cash Flows column, classify the cash flows as operating activities (OA), investing activities (AA), of financing activities (FA). Complete this question by entering your answers in the tabs below. Record the payment for the merchandise in Requirement (c) in the horizontal financial statements model. Also, in the Statement of Cash Flows column, classify the cash flows investing activities (IA), or fnanding activities (IA). Note: Enter any decreases to account balances and cash outhows whi a minus sign. Leave celis blank if no input is needed. Exercise 3-6A (Algo) Purchase discounts and purchase returns LO 3-2, 3-3 On April 6, Home Furnishings purchased $36,000 of merchandise from Una's imports, terms 1/10,n/45. On April 8, Home Furnishings returned $7,600 of the merchandise to Una's imports for credit. Home Furnishings paid cash for the merchandise on April 15. Required: a. What is the amount that Home Furnishings must pay Una's Imports on April 15 ? b. Use a horizontal financial statements model to show how each event affects the balance sheet, income statement, and statement of cash flows. More specifically, record the amounts of the events into the model. Also, in the Statement of Cash Flows column, classify the cash flows as operating activities (OA), investing activities (IA), or financing activities (FA). c. How much must Home Furnishings pay for the merchandise purchased if the payment is not made until Aprll 20? d. Record the payment for the merchandise in Requirement (c) in the horizontal financial statements model. Also, in the Statement of Cash Flows column, classify the cash flows as operating octivities (OA), investing activities (IA), or financing activities (FA). Complete this question by entering your answers in the tabs below. What is the amount that Home Furnishings must pay Une's imports on Aprit is? Exercise 3-6A (Algo) Purchase discounts and purchase returns LO 3-2, 3-3 On April 6, Home Furnishings purchased $36,000 of merchandise from Una's Imports, terms 1/10,n/45. On April 8, Home Furnishings returned $7,600 of the merchandise to Una's Imports for crecit. Home Furnishings paid cash for the merchandise on April 15. Required: a. What is the amount that Home Furnishings must pay Una's imports on April 15? b. Use a horizontal financial statements model to show how each event affects the balance sheet, income statement, and statement of cash flows. More specifically, record the amounts of the events into the model. Also, in the Statement of Cash Flows column, classify the cash flows as operating activities (OA), investing activities (IA), or financing activities (FA). c. How much must Home Furnishings pay for the merchandise purchased if the payment is not made until April 20? d. Record the payment for the merchandise in Requirement (c) in the horizontal financial statements model. Also, in the Statement of Cash Flows column, clossify the cash flows as operating activities (OA), investing activities (IA), or financing activities (FA). Complete this question by entering your answers in the tabs below. How much must Home Fumishings pay for the merchandise purchased if the payment is not made until April 20