Prepare the Dough:
Preheat oven to 350°F (175°C). Line a baking sheet with parchment paper.
In a large bowl, beat together butter, granulated sugar, and brown sugar until creamy.
Add egg, vanilla extract, almond extract, and maraschino cherry juice, mixing until smooth.
Mix the Dry Ingredients:
In a separate bowl, whisk together flour, baking soda, baking powder, and salt.
Gradually add dry ingredients to the wet ingredients, mixing until combined.
Add the Cherries And Chocolate:
Fold in chopped maraschino cherries and chocolate chips until evenly distributed.
Bake the Cookies:
Scoop tablespoon-sized balls of dough onto the prepared baking sheet, spacing them 2 inches apart.
Bake for 10-12 minutes, until the edges are slightly golden but the centers remain soft.
Let cookies cool on the baking sheet for 5 minutes, then transfer to a wire rack to cool completely.