Journalize the transactions of both businesses. Please include an explanation for what was done.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Journalize the transactions of both businesses. Please include an explanation for what was done. I really need help with this please and thank you. 

Business 1: 

Blue Light Electronics:

February 20th: $20,000 is invested towards establishing a local business in electronics. 

February 23th:  A fee of $9,000 is paid for the minimum start up cost of equipment. 

February 28th: Monthly cost of operating the electronic store is $800

Business 2: 

Essential Beauty Supply made the following transactions in June:

1 June - Paid rent in the amount of $1100

5 June  - Purchased supplies for $800 

30 June - Had a total sales revenue of $2000

 
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