Question: On 1 0 / 1 / 2 0 2 4 , Coyote Company signed a lease contract for building for 2 4 months & paid

On 10/1/2024, Coyote Company signed a lease contract for building for 24 months & paid $24,000 for oneyear from 10/1/2024 through 9/30/2025.Instructions:1. Prepare any necessary journal entries for Coyote Company ona. 10/1/2024 and b.12/31/2024.2. Prepare any necessary journal entries for the landlord ona. 10/1/2024 and b.12/31/2024.

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