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Beat the cream, powdered sugar, and vanilla until stiff peaks are formed. Store in the refrigerator.
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Whisk the flour, eggs, beer, salt, and cinnamon until combined.
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Wash and dry the apples. Slice into rings. Cut out the cores.
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Whisk together the sugar and cinnamon. Pour onto a flat plate and set aside.
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Line a platter or tray with paper towels and place next to the stove, safely away from any flame.
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Heat the canola oil until sizzling.
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Dip the rings into the batter. Coat them on both sides.
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Gently place them into the canola oil in the pan.
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Fry the apple rings golden brown on both sides.
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Transfer to the paper towel-lined tray to drain. Pat off excess oil.
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Dip them in the cinnamon sugar mix on both sides.
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Set aside on a plate, cover with foil, and stow in a warm place.
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Plate and add dollops of whipped cream.
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Sprinkle ground cinnamon on top and serve immediately.