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The first nine transactions of North-West Airplane Repair have been posted to the T-accounts. Provide an explanation for each of the nine transactions. (Click the

The first nine transactions of North-West Airplane Repair have been posted to the T-accounts. Provide an explanation for each of the nine transactions. (Click the icon to view the nine transactions.) T 2 3. 4. 5 6 7 B 9 Data table ASSETS LIABILITIES Contributed Capital Cash Accounts Payable Common Stock Dividends 886 (1) 370,000 360,000 (3) 260,000 1,200 (5) (9) 21,000 1,500 (6) 3.900 7,000 (8) 186968 (2) (5) 1,200 1,500 (4) 370,000 (1) 7,000 Notes Payable 260,000 09 Office Supplies (4) 1,500 Building (2) 360,000 Print Done EQUITY Retained Earnings Service Revenue 21,000 Rent Expense 1,400 Salaries Expense 2,500 Property Tax Expense 160 1.500

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