Griffin Air Transport Service, Incorporated. providing air delivery service for businesses, has been in operation for three years. The following transactions occurred in February: February 1 Paid $240 for rent of hangar space in February February 2 Purchased fuel costing $400 on account for the next flight to Dallas. February 4 Recelved customer payment of $750 to ship several items to Philadelphia neximmonth. February 7 Flew cargo from Denver to Dallas; the customer pald $930 for the air transport. February 10 Paid $140 for an advertisement in the local paper to run on February 19. February 14 Paid pilot $3,000 in wages for flying in January (recorded as expense in January). February 18 Flew cargo for two customers from Dallas to Albuquerque for $4,200; one customer paid $1,600 cash and the other asked to be billed. February 25 Purchased on account $2,630 for a supply of spare parts for the planes. February 27 Declared a $280 cash dividend to be paid in March. Required: Prepare journal entries for each transaction. Note: If no entry is required for a transactionlevent, select "No journal entry required" in the first account field. Required: Prepare journal entries for each transaction. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field