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.) b. Is the recognition of the NSF check on Han's books an asset source, use, or exchange transaction? Asset source Asset use Asset exchange c. Suppose the customer redeems the check by giving Han's $390 cash in exchange for the bod check. The additional $20 paid a service fee charged by Han's Show the effects on the financial statements in the horizontal statements model. (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.) Answer is not complete. HAN'S SUPPLIES Statements Model Stockholders Revenue Expense Equity Liabilities + Net Income Cash Flow Cash Assets Accounts + Recevable 20 390 . O OX o O