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Han's Supplies' bank statement contained a $370 NSF check that one of its customers had written to pay for supplies purchased. Required a. Show the

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Han's Supplies' bank statement contained a $370 NSF check that one of its customers had written to pay for supplies purchased. Required a. Show the effects of recognizing the NSF check on the financial statements by recording the appropriate amounts in a horizontal statements model like the following one: (In the Cash Flow column, use the initials OA to designate operating activity, IA for investing activity, FA for financing activity and NA to indicate the element is not affected by the event. Enter any decreases to account balances with a minus sign.) HAN'S SUPPLIES Statements Model Stockholders' Revenue Equity Assets Liabilities + Expense - Net Income Cash Flow Cash Accounts Receivable

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