1. Coyote Company paid a weekly payroll of $40,000 entirely subject to Social Security (6.2%) and Medicare (1.45%), with

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1. Coyote Company paid a weekly payroll of $40,000 entirelysubject to Social Security (6.2%) and Medicare(1.45%), with income tax withholding of $5,000 and union dues of$500 deducted.Instructions: prepare any necessary journal entries for thepayroll of Coyote.
2.Coyote Corporation issued 10,000 shares of$10 par value common stock for $12 per share.Instruction: Prepare the journal entry to record theissuance of the shares
3.On January 22, Coyote Corp. declared a cashdividend of 50 cents a share on 2 million shares of itscommonstock payable on February 20 to all stockholders of record onJanuary 31.Instructions: prepare any necessary journal entries for dividendson1) January 22,2) January 31,3) February 20