by Accountinx W Assignment 1 docx Office Editing for Docs, Sheets & Slides chrome extension://pmcpldpdm opchefogmitic/views/app html Canadian College ACCT 1 Assignment 1 Q1: Cynthia Reid is starting her own premium dry-cleaning business, Cyn's Dry-Cleaning. Journalize the following transactions for her in the table below. Include brief descriptions. a) Sep 1st - Cynthia invests $15,000 cash into her business. b) Sep 12th - Cyn's Dry-Cleaning purchases $2,000 of equipment on account. c) Sep 13th - Cyn's Dry-Cleaning purchases $500 of equipment with cash. d) Sep 18th - Cyn's Dry-Cleaning earns $1,000 cash for completing a dry-cleaning order. e) Sep 21st - Cyn's Dry-Cleaning completes a $700 dry-cleaning service on account. f) Sep 26th - Cyn's Dry-Cleaning pays $1,000 cash to its supplier for the Sep 12th order. 8) Sep 29th Cyn's Dry-Cleaning collects $300 from its customer for the Sep 21st service. Date Accounts and Explanation Debit Credit Q2: Post the journal entries from 91 into the general ledger. Make T-accounts as required and show ending balances on September 30th by Accountinx W Assignment 1 docx Office Editing for Docs, Sheets & Slides chrome extension://pmcpldpdm opchefogmitic/views/app html Canadian College ACCT 1 Assignment 1 Q1: Cynthia Reid is starting her own premium dry-cleaning business, Cyn's Dry-Cleaning. Journalize the following transactions for her in the table below. Include brief descriptions. a) Sep 1st - Cynthia invests $15,000 cash into her business. b) Sep 12th - Cyn's Dry-Cleaning purchases $2,000 of equipment on account. c) Sep 13th - Cyn's Dry-Cleaning purchases $500 of equipment with cash. d) Sep 18th - Cyn's Dry-Cleaning earns $1,000 cash for completing a dry-cleaning order. e) Sep 21st - Cyn's Dry-Cleaning completes a $700 dry-cleaning service on account. f) Sep 26th - Cyn's Dry-Cleaning pays $1,000 cash to its supplier for the Sep 12th order. 8) Sep 29th Cyn's Dry-Cleaning collects $300 from its customer for the Sep 21st service. Date Accounts and Explanation Debit Credit Q2: Post the journal entries from 91 into the general ledger. Make T-accounts as required and show ending balances on September 30th