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Bandu Company's Accounts with the Increases or Decreases That Occurred

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Bandu Company's accounts with the increases or decreases that occurred during this year are as follows: Bandu Company's accounts with the increases or decreases that occurred during this year are as follows: Except for net income,an investment of $4,000,and a withdrawal of $12,000,no other items affected the capital account during the year.Using the balance sheet equation,calculate net income for this year. Except for net income,an investment of $4,000,and a withdrawal of $12,000,no other items affected the capital account during the year.Using the balance sheet equation,calculate net income for this year.

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