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Charlie's Crispy Chicken ( CCC ) operates a fast - food restaurant. When accounting for its first year of business, CCC created several accounts.

Charlie's Crispy Chicken (CCC) operates a fast-food restaurant. When accounting for its first year of business, CCC created several accounts.
\table[[Account Name,Description],[Accounts Payable,2,700 Payment is due in 30 days],[Cash,\table[[1,450 Includes cash in register and in bank],[account]]],[Common Stock,\table[[{f170563071907131511}
\table[[Stock issued in exchange for owners'],[contributions]]]]],[Equipment,\table[[47,000. Includes deep fryers, microwaves,],[dishwasher, etc.]]],[\table[[Land],[Notes Payable],[(long-term)]],\table[[22,400 Held for future site of new restaurant],[32,000 Payment is due in six years]]],[\table[[Retained Earnings],[Salaries and Wages],[Payable]],\table[[3,700 Total earnings through September 30],[550 Payment is due in 7 days]]],[Supplies,\table[[2,100 Includes serving trays, condiment],[dispensers, etc.]]]]
Required:
Using the above descriptions, prepare a classified balance sheet at September 30.
Calculate CCC current ratio.
Answer is not complefte.
Complete this question by entering your answers in the tabs below.
\table[[Required,Required],[1,2]]
Using the above descriptions, prepare a classified balance sheet at September 30.
Roguirod
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