I am creating a retail curly hair store. You can make up the numbers to best represent the business. An excel sheet is needed.

(2) Identification of hypothetical business transactions typical to the business you are proposing in part (1) in the form of contributions by stockholders/investors in capital stock, sales transactions, inventory (merchandise, or supplies) purchase transactions, purchase of equipment/building/land, hiring and paying employees, and recognition of various business expenses, etc. You need to prepare at least eight journal entries for above categories of transactions involving assets, liabilities, revenue, \& expenses, as explained in chapter 3. For your convenience, you may assume you start your business on January 1, 2023 and the fiscal year will end on February 28 (a two-month accounting period)