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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. Account Name Accounts Payable Cash
Charlie's Crispy Chicken (CCC) operates a fast-food restaurant. When accounting for its first year of business, CCC created several accounts. Account Name Accounts Payable Cash Common Stock Equipment Land Notes Payable (long-term) Retained Earnings Salaries and Wages Payable Supplies Batance Description 2,300 Payment is due in 30 days 1,850 Includes cash in register and in bank account 33,000 Stock issued in exchange for owners' contributions 43,000 Includes deep fryers, microwaves, dishwasher, etc. 20,400 Held for future site of new restaurant 28,000 Payment is due in six years 3,300 Total earnings through September 30 350 Payment is due in 7 days 1,700 Includes serving trays, condiment dispensers, etc. Required: Using the above descriptions, prepare a clas
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