Jim's gymnastics training's operations for the month of october are summarized as follows:
a. provided $9,000 of training to students on account.
b. received $3,900 cash from students for training provided in october.
c. received $1,900 cash for training to be provided in november.
d. received $4,000 cash from students on account for training provided in september.
e. paid september's gym rental bill on account in the amount of $1,200 f. received october's rental bill of $1,500; set it aside. required:
a. calculate net income for october using the cash basis of accounting.

Match the terms with their correct definition. terms: 1. accounts receivable 2. other receivables 3 debtor 4. notes receivable 5. maturity date 6. creditor definitions: a. the party to a credit transaction who takes on an obligation/payable. b. the party who receives a receivable and will collect cash in the future. c. a written promise to pay a specified amount of money at a particular future date. d. the date when the note receivable is due. e. a miscellaneous category that includes any other type of receivable where there is a right to receive cash in the future. f. the right to receive cash in the future from customers for goods sold or for services performed.