On January 1, 2021, Wooden Company issued 16,000 shares of $2 par value common stock for $120,000. On March 1, 2021, the company purchased 2,000 shares of its common stock for $15 per share for the treasury. Indicate the accounts increased or decreased to record the stock transactions of Wooden Company in 2021.

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.