Exercise 6-7A Treatment of NSF check LO 6-3 Han's Supplies' bank statement contained a $370 NSF check that one of its customers had written to pay for supplies purc Required 0. &c. Show the effects of the following transactions on the financial statements in the horizontal statements model. (a) Recognize the NSF check. (c) Customer redeems the check by giving Hans $390 cash in exchange for the bad check. The additional $20 was a service fee charged by Hans. In the Cash Flow column, use OA to designate operating activity, IA for investment activity, FA for financing activity (Enter any 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 - leave cells blank if there is no corresponding input needed.) HAN'S SUPPLIES Horizontal Statements Model Assets Event - Accounts Liabilities - Equity Income Statement - Expense - Net Income Statement of Cash Flow Cash Receivable Revenue