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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 3,206 Payment is due in 30 days Cash 4,250 Includes cash in register and in bank account Common Stock 39,000 Stock issued in exchange for owners' contributions Equipment 52,800 Includes deep fryers, microwaves, dishwasher, etc. Land 24,900 Held for future site of new restaurant Notes Payable long-term) 37,000 Payment is due in six years Retained Earnings 4,200 Total earnings through September 30 Salaries and Wages Payable 350 Payment is due in 7 days Supplies 2,600 Includes serving trays, condiment dispensers, etc. Required: 1. Using the above descriptions, prepare a classified balance sheet at September 30. 2. Calculate CCC current ratio, Required 1 Required 2 Using the above descriptions, prepare a classified balance sheet at September 30. CHARLIE'S CRISPY CHICKEN Balance Sheet 0 0 $ 0 $ 0 Required 2 > 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 Calculate Charlie's Crispy Chicken current ratio. (Round your answer to 2 decimal places.) CCC's current ratio

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