Following is a list of account balances (except for owner's capital)of Wilson Mowing Service as of December 31 of the first year of operation: The proprietor, J.D. Wilson, contributed $3,000 at the beginning of the year; during the year, the proprietor took $12,000 in drawings.
At the end of the year, what is net income?

Question

Following is a list of account balances (except for owner's capital)of Wilson Mowing Service as of December 31 of the first year of operation:  The proprietor, J.D. Wilson, contributed $3,000 at the beginning of the year; during the year, the proprietor took $12,000 in drawings.
At the end of the year, what is net income?

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The Answer of Following is a list of account balances (except for owner's capital)of Wilson Mowing Service as of December 31 of the first year of operation:  The proprietor, J.D. Wilson, contributed $3,000 at the beginning of the year; during the year, the proprietor took $12,000 in drawings.
At the end of the year, what is net income?

Following Is a List of Account Balances (Except for Owner's