art 1 i Saved Help Save & Exit Submi Check my work Charlie's Crispy Chicken (CCC) operates a fast-food restaurant. When accounting for its first year of business, CCC created several accounts. Account Name Balance Accounts Payable Cash Common Stock Equipment Land Notes Payable (long-term) $ 3,900 4,800 49,000 59,000 28,400 37,000 Retained Earnings 4,900 Salaries and Wages Payable 700 Supplies 3,300 Description Payment is due in 30 days Includes cash in register and in bank account Stock issued in exchange for owners' contributions Includes deep fryers, microwaves, dishwasher, etc. Held for future site of new restaurant Payment is due in six years Total earnings through September 30 Payment is due in 7 days, Includes serving trays, condiment dispensers, etc. Required: 1. Using the above descriptions, prepare a classified balance sheet at September 30. 2. Calculate CCC's current ratio. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Using the above descriptions, prepare a classified balance sheet at September 30. CHARLIE'S CRISPY CHICKEN < Prev 2 of 10 Next