Is the receipt of cash referenced in Requirement c an asset source, use, or exchange transaction? If the receipt of cash referenced in Requirement c an asset source, use, or exchange transaction? Show the effects of recognizing the NSF check on the financial statements by recording the appropriate amounts in a horizontal statements model Cash Flows column, use the initials OA to designate operating activity, LA for investing activity, and FA for financing activity, Leave blank to indicat not affected by the event. Enter any decreases to account balances and cash outflows with a minus sign.) Han's Supplies' bank statement contained a $300 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. b. Is the recognition of the NSF check on Han's books an asset source, use, or exchange transaction? c. Suppose the customer redeems the check by giving Han's $320 cash in exchange for the bad check. The additional $20 paid a service fee charged by Han's. Show the effects on the financial statements in the horizontal statements model. d. Is the receipt of cash referenced in Requirement c an asset source, use, or exchange transaction? e. Record in general journal form the adjusting entry for the NSF check and the entry for redemption of the check by the customer: Record in general journal form the adjusting entry for the NSF check and the entry for redemption of the check by the customer. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Journal entry worksheet 2 Note: foter debats before credits. Is the recognition of the NSF check on Han's books an asset source, use, or exchange transaction? Is the recognition of the NSF check on Han's books an asset source, use, or exchange transaction? Suppose the customer redeems the check by giving Han's $320 cash in exchange for the bad check. The additional $20 paid a service foe charged by Han's. Show the for investing activity, and IA for financing activity. Leave bank to indicate that an account was not affected by the event. Lnter any decresses to accocint balances and cash outfows with a minus sion.)