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Challenge Exercise 01 CI-I, Driving School (COMPANY Review) I Refer to Exercise to unzip the 01 C I -1 Driving .exe file. Open theol The Driving School is a sole-proprietorship business, owned by Tanya Gauci. You should record the fdlowing transactions in the General Journal (double-entry accounting), You will learn how to record some of these entries more efficiently in the RECEIVABLES and PAYABLES rncxdules in Chapters 2A. 2B. 3A and 3B. The fiscal year is Jan 1 to Dec 31. use appropriate additional Info and comment fields in 3 transactions. Note: This assignment does not involve HST. similar to Photos Company. This business uses the Track Additional Transaction Details feature where necessary. 3 Record and Post the following transactions in the General Joumal for the month of January using the double-entry method. Jan 2 Purchased S80.OO worth of office supplies from Kanwal Supplies and issued cheque #652. Note that these supplies are assumed to be used up by the end of the month. Jan 2 Issued $80.00 invoice #324 to YOUR name (your name in the comment line) for 2 hours of driving lessons before your driving test. Cheque #113 received. Jan 3 Issued $600.00 cheque #653 to Uptown Mall for rent of a store in the mall. Jan 5 Issued $50.00 invoice #325 and received cheque #748 from Vito Campize for one-hour driving lesson (S40.OO) and rule book test (S 10.00) for his daughter. Jan 6 Issued $320.00 cheque #654 to Capilano Advertising for advertisernents being delivered to homes in the area today. Jan 8 A new client. Naomi Regalea, took a 3-hour driving lesson. Received her $120.00 cheque #522 for invoice #326. Jan 9 Issued $120.00 cheque #655 to Morton Medina (driving teacher) for wages. Jan 11 Purchased 2 driving lesson DVDs at $75.00 each for use in the Beginners Driving Lesson course approved by the government. They will be used in the course starting tomorrow. Cheque #656 issued to Major Film Labs. Jan 12 Record the $308.00 Bank Debit rnerno for a payment on the bank loan. This arrrunt includes interest Of $32.40. Jan 12 Beginners Driving Lessons course started today. Received $250.00 cash from customers and deposited $250.00 in the bank today.