Accompanying a bank statement for marsh land properties is a credit memo for payment on a $15,000 one-year note receivable and $900 of interest collected by the bank. marsh land properties had been notified by the bank at the time of collection, but had made no entries. journalize the entry that should be made by marsh land to bring the accounting records up to date. if an amount box does not require an entry, leave it blank.

Explanation:

The  journal entry is shown below:

Cash A/c Dr 15,900

To Notes Receivable A/c $15,000

To  Interest Revenue A/c $900

(Being cash is collected with respect of notes receivable and interest revenue)

For recording this transaction, we debited the cash account and credited the notes receivable and interest revenue account

net worth is the difference between what you own and what you have. if you exceed your liabilities you have a positive net worth. if your liabilities are greater than your assets you have a negative net worth. its a snapshot of your financial situation. if you calculate your net worth you will see the end result of everything you've earned and spent as of now. net worth statements and all you asked of can you determine where you are, how to get where you want to be, if your spending   to much. honestly it can tell you a lot of things. i can go on, but you can paint the picture from here.

explanation:

the answer should be demonstrations i hope this