PA7. LO 2.2 Using the information in Excercise 2.6, determine the amount of revenue and expenses for Olivia's Apple Orchard for the month of September

Owner's Equity Amount Asset --- $0 Transaction Amount owed for land purchase Apple sales: cash Apple sales: credit Collections of credit sales Cash purchase of equipment Owner investments Wages expenses paid Fuel expenses paid Amount owed for utility expense Current totals $50,000 3,000 6,000 4,000 10,000 25,000 6,000 400 1,000 $50,000 ? ? 2 2 Liability $50,000 ? ? ? ? ? ? ? ? $50,000 ? ? ? ? ? 2 $50,000 2 ? $0