P-2. On 9/1/2021, Coyote Company signed a lease contract for building for 60 months & paid $12,000 for one year from 9/1/2021 through 8/31/2022. Instructions: Prepare any necessary journal entries for Coyote Company on 9/1/2021 and

12/31/2021.

Prepare any necessary journal entries for the landlord on 9/1/2021 and

12/31/2021.

P-3. Coyote Company did not pay its employees for their services performed in December 2021. Therefore, the labor cost accrued is $6,000. Instructions: prepare any necessary journal entries for the above transaction for Coyote on 12/31/2021

P-1. Business activities for the Hartman Company for December 2021 are presented below. Hartman 1. Issued common stocks for $600,000 in cash. 2. Purchased land at $250,000 in cash. 3. Purchased equipment at $60,000, for which $15,000 was paid in cash and the remainder on credit. 4. Purchased supplies for $1,800 in cash. 5. Paid off what Hartman owes to purchase the equipment in the transaction 3. 6. Paid wages to employees for $4,500. 7. Hired an administrative assistant at an annual salary of $40,000. 8. Purchased inventory for $150,000, for which $70,000 was paid in cash and the remainder on credit. 9. Paid off what Hartman owes for the purchase of inventory in transaction '8'. 10. Sold inventory costing $30,000 for $45,000 on credit. 11. Received the full payment for the transaction '10' in cash. 12. Paid dividends to stockholders of $500. Instructions: prepare any necessary journal entries for each activity above and identify each activity by number. You may omit journal explanations