Accounting 202 Assessment Cycle Problem Your Name: City Park Yoga, Inc. Wren teaches yoga and meditation. Because she likes the quiet and contemplative outdoor environment, she opened her new spacious studio in a building overlooking City Park. She incorporated her new business, City Park Yoga, Inc. in the beginning of September in 2018 Instructions: Complete Parts 1-9 as listed in this packet Part 1 Record your journal entries in the space provided below from the descriptions of each individual event. Sept 1. W'ren invested 20,000 cash and $12,000 of equipment in the company in exchange for common stock. Aecount Sept. 1 Wren paid $4,500 cash in advance to pay for three months' rent on the studio. Date Account Debi Credit Sept. 1. Wren paid $3,000 cash in advance to pay for 6 months of insurance for her business. Date IAccount Debit Credit