Presented below is the preclosing trial balance for the scholarship fund, a private-purpose trust fund of the algonquin school district. trial balance—december 31, 2017 debits credits accounts payable $ 2,700 accrued interest receivable $ 1,090 administrative expense 6,460 cash 55,950 increase in fair value of investments 4,800 distributions—scholarships 66,000 interest income 77,000 investment in bonds 1,300,000 net position—restricted for scholarships 1,345,000 $ 1,429,500 $ 1,429,500

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.