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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 Balance Description

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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 Balance Description Accounts Payable $ Payment is due in 30 days 3,800 Cash Common Stock Equipment Land Notes Payable (long-term) Retained Earnings Salaries and Wages Payable Supplies Required: 4,150 Includes cash in register and in bank account 48,000 Stock issued in exchange for owners' contributions 58,000 Includes deep fryers, microwaves, dishwasher, etc. 27,900 Held for future site of new restaurant 36,000 Payment is due in six years 4,800 Total earnings through September 30 650 Payment is due in 7 days 3,200 Includes serving trays, condiment dispensers, etc. 1. Using the above descriptions, prepare a classified balance sheet at September 30. 2. Calculate CCC 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. CUADLICE COIEDY CHICKEN.

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