On June 1, 2017, Pharoah Company was started with an initial investment in the company of $22,350 cash. Here are the assets, liabilities, and common stock of the company at June 30, 2017, and the revenues and expenses for the month of June, its first month of operations: Cash Accounts receivable Service revenue Supplies Advertising expense Equipment Common stock $ 5,010 4.290 7,910 2.370 400 26,410 22,350 Notes payable Accounts payable Supplies expense Maintenance and repairs expense Utilities expense Salaries and wages expense $12,820 790 1,030 630 270 1,810 In June, the company issued no additional stock but paid dividends of $1,650, Pharoah Company Income Statement For the Month Ended June 30, 2017 Revenues Service Revenue 7.910 Expenses Advertising Expense 400 Supplies Expense 1,030 Maintenance and Repairs Expense 630 Utilities Expense 270 Salaries and Wages Expense 1,810 Total Expenses 4.140 Net Income/(Loss) 3.770 Pharoah Company Retained Earnings Statement For the Month Ended June 30, 2017 Retained Earnings, June 1 0 Add Net Income /(Loss) 3,770 3,770 Less Dividends Retained Earnings, June 30 V $ Prepare a balance sheet at June 30, 2017. (List assets in order of liquidity) Pharoah Company Balance Sheet June 30, 2017 Assets Cash 5,010 Accounts Receivable 4,290 Supplies 2,370 Equipment 26,410 Total Assets $ Liabilities and Stockholders' Equity Liabilities Notes Payable $ Liabilities and Stockholders' Equity Liabilities Notes Payable Accounts Payable Total Liabilities $ Stockholders' Equity Common Stock Retained Earnings Total Stockholders' Equity . Total Liabilities and Stockholders' Equity