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Han's supplies bank statement contained a $270 NSF check that one of its customers had written to pay for supplies purchased.

Han's Supplies' bank statement contained a $270 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 horizontel 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 $290 cash in exchange for the bad check. The additional $20 paid a service fee charged by Han's. Show the effects on the financiol statements in the horizontal statements model. d. Is the recelpt 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. Complete this question by entering your answers in the tabs below. Show the effects of recognizing the NSF check on the financial statements by recording the appropriate amounts in a horizontal statements model, fin the 5 Katernent of Cash flows column, use the initials OA to designate operating activity, iA for investing octivity, and FA for financing activity, Leave blank to indicate that an account: was not affected by the event, Enter any decreases to account balances and cash outfows with a minus sign.)

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