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P2. On 9/1/2022, Coyote Company signed a lease contract for building for 60 months & paid $36,000 for one year from 9/1/2022 through 8/31/2023. Instructions:

P2. On 9/1/2022, Coyote Company signed a lease contract for building for 60 months & paid $36,000 for one year from 9/1/2022 through 8/31/2023. Instructions: 1. Prepare any necessary journal entries for Coyote Company on a. 9/1/2022 and b. 12/31/2022. 2. Prepare any necessary journal entries for the landlord on a. 9/1/2022 and b. 12/31/2022

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