On June 1, 2022, Novak Corp. was started with an initial investment in the company of $27,846 cash. Here are 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: Cash
$ 5,796
Notes payable
$15,120
Accounts receivable
5,040
Accounts payable
630
Service revenue
9,450
Supplies expense
1,260
Supplies
3,024
Maintenance and repairs expense
756
Advertising expense
504
Utilities expense
378
Equipment
32,760
Salaries and wages expense
1,764
Common stock
27,846
During June, the company issued no additional stock but paid dividends of $1,764.