2 Charlie's Crispy Chicken (CCC) operates a fast-food restaurant. When accounting for its first year of...

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2 Charlie's Crispy Chicken (CCC) operates a fast-food restaurant. When accounting for its first year of business, CCC created several accounts. Account Name Description Balance Accounts Payable Payment is due in 30 days 2,200 Cash S eBook Print eferences Common Stock Equipment Land Notes Payable (long-term) Retained Earnings Salaries and Wages Payable Supplies Required: 3,450 Includes cash in register and in bank account 46,000 Stock issued in exchange for owners' contributions 56,000 Includes deep fryers, microwaves, dishwasher, etc. 26,900 Held for future site of new restaurant 36,000 Payment is due in six years 4,600 Total earnings through September 30 550 Payment is due in 7 days 3,000 Includes serving trays, condiment dispensers, etc. 1. Using the above descriptions, prepare a classified balance sheet at September 30. 2. Calculate CCC current ratio. Mc Graw Hill 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 Balance Sheet Q Search < Prex 2 of 11 Next > 2 Charlie's Crispy Chicken (CCC) operates a fast-food restaurant. When accounting for its first year of business, CCC created several accounts. Account Name Description Balance Accounts Payable Payment is due in 30 days 2,200 Cash S eBook Print eferences Common Stock Equipment Land Notes Payable (long-term) Retained Earnings Salaries and Wages Payable Supplies Required: 3,450 Includes cash in register and in bank account 46,000 Stock issued in exchange for owners' contributions 56,000 Includes deep fryers, microwaves, dishwasher, etc. 26,900 Held for future site of new restaurant 36,000 Payment is due in six years 4,600 Total earnings through September 30 550 Payment is due in 7 days 3,000 Includes serving trays, condiment dispensers, etc. 1. Using the above descriptions, prepare a classified balance sheet at September 30. 2. Calculate CCC current ratio. Mc Graw Hill 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 Balance Sheet Q Search < Prex 2 of 11 Next >