Consider each of the following and determine if they satisfy the income definition criteria using the accrual method of accounting:

	Received cash for services to be provided in the next reporting period
	Borrowed money from a bank to by new equipment in the current reporting period
	Sale of goods and services on credit
	Cash sale of goods and services
	Received payment from a customer who owed money

a.	Meets the Income definition criteria
b.	Does not meet the income definition criteria