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 $285 for rent of hangar space in February. February 2 Purchased fuel costing $480 on account for the next fight to Dallas February 4 Recelved customer payment of $810 to ship several items to Philadelphia next month. February 7 Flew cargo from Denver to Dallas; the customer paid $830 for the air transport. February 10 Paid $130 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 Alouquerque for \$4.100; one customer paid \$1,100 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 $240 cash dividend to be paid in March. Required: Prepare joumal entries for each transaction Note: If no entry is required for a transaction/event, select "No journol entry required" in the first account field. 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 $285 for rent of hangar space in February. February 2 Purchased fuel costing $480 on account for the next fight to Dallas February 4 Recelved customer payment of $810 to ship several items to Philadelphia next month. February 7 Flew cargo from Denver to Dallas; the customer paid $830 for the air transport. February 10 Paid $130 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 Alouquerque for \$4.100; one customer paid \$1,100 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 $240 cash dividend to be paid in March. Required: Prepare joumal entries for each transaction Note: If no entry is required for a transaction/event, select "No journol entry required" in the first account field