Han's Supplies' bank statement contained a $350 NSF check that one of its customers had written to pay for supplies purchased. 2.5 Required points a. & 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 $370 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, and FA for financing activity. If the element is not affected by the event, leave the cell blank. (Enter any decreases to account Book balances and cash outflows with a minus sign.) Hint HAN'S SUPPLIES Horizontal Statements Model Print Assets Income Statement Event Liabilities Equity Statement of Cash Accounts Revenue Expense Net Income Cash Flow Receivable References (a) 1I ( c ) b. Is the recognition of the NSF check on Han's books an asset source, use, or exchange transaction? O Asset source O Asset use O Asset exchange d. Select which of the following is the correct answer. O Asset exchange is $370. O Asset source is $370. O Asset use is $370. O Asset exchange is $350 and Asset source is $20. O Asset source is $350 and Asset use is $20. O Asset exchange is $370 and Asset use is $20