PHAROAH COMPANY Income Statement Question 1 /8 View Policies Current Attempt in Progress On June 1, 2022, Pharoah Company was started with an initial investment in the company of $21,250 cash. Here the assets, liabilities, and common stock of the company at June 30, 2022, and the revenues and expenses for the month of June, its first month of operations: are ng g $5,600 Notes payable Cash $14,000 Accounts receivable 4,400 ng Accounts payable 900 Service revenue 8,500 Supplies expense 1,125 Supplies 2,342 Maintenance and repairs expense 690 Advertising expense 400 Utilities expense 210 26,800 Salaries and wages expense Equipment 1,400 Common stock 21,250 During June, the company issued no additional stock but paid dividends of $1,683