Han's Supplies's bank statement contained a $$430$ NSF check that one of its customers had written to pay for supplies purchased.

Required:

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 $$450$ cash in exchange for the bad check. The additional $$20$ was a service fee charged by Hans.

Note: Enter any decreases to account balances with a minus sign. For changes on the Statement of Cash Flows, indicate whether the item is an operating activity $($OA$),$ investing activity $($IA$),$ financing activity $($FA$),$ or leave the cell blank if there is no effect.

$\backslash$table$[[,,,,,,,$HAN'S S$,$PLIES,,,,,$],[,,,,,,$Hor,ontal Sta,lents Model,,,,,$],[,,,$Balan,ce$,$Sheet,,,,,me Statem,,,$],[$Event$,,$sse,,,,,,,,,,,Statement of Cash$],[,$Cash,$+,\backslash$table$[[$Accounts$],[$Receivable$]],=,$Liabilities,$+,$Equity,Revenue,$-,$Expense,$=,$Net Income,Flows$],[($a$),,+,,=,,+,,,-,,=0,,?],[($c$),,+,,=,,+,,,-,,=,,]]$