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Question: jims gymnastics trainings operations for the month of october are...

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Jims Gymnastics Trainings operations for the month of October are summarized as follows: A Provided $7,800 of training to students on account. B.Received $3,900 cash from students for training provided in October C.Received $1.100 cash for training to be provided in November D.Received $3,400 cash from students on account for training provided in September. E.Paid Septembers gym rental bill on account in the amount of $1.300 F. Received Octobers rental bill of $1,300; set it aside. Required a. Calculate Net Income for October using the cash basis of accounting me b. Calculate Net income for October using the accrual basis of accounting et income
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