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Can someone please help me with my balance sheet from the information below I listed the balance sheet format and any information that could help

Can someone please help me with my balance sheet from the information below

I listed the balance sheet format and any information that could help

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Note: ITEMS IN WHITE ARE ITEMS THAT COULD BE FILLED IN BY YOU. JUST BECAUSE IT IS WHITE, DOES NOT MEAN THERE HAS TO BE SOMETHING THERE. Mason Automation Balance Sheet-Month End 1/31/20 Liabilities and Stockholders Equity Assets Current Assets Cash Accounts Receivable Inventory Supplies Prepaid Rent Current Liabilities Accounts Payable Unearned Revenue Salaries Payable Federal Income Tax Withholding State Income Tax Withholding FICA taxes Interest Payable Total Current Liabilities Total Current Assets Property Plant and Equipment Long Term Liabilities Bonds Payable Discounts on Bonds Payable Notes Payable Total Long Term Liabilities Total Property Plant and Equipment Intangible Assets Total Liabilities Total Intangible Assets Total Assets Stockholder's Equity Common Stock APIC- Common Stock Net Income Total Stockholders Equity Total Liabilities and Stockholders Equity Check Figure Journal Entry #1 Mason Automotive sells 15,000,000 shares at $2 par for $15 on January 1st, 2020. Journal Entry #2 Ed Mason, the CEO, hires 3,500 employees, whom will receive a combined salary of $4.5 Million on a monthly basis. The employees started on January 1st and will be paid for the month of January on February 4th. Employee's withholdings are as follows: 12% for federal income taxes 6% for state income taxes and 7.65% for FICA. Record the necessary entry as of January 1st, 2020. Journal Entry #3 On January 1st, Mason Automotive receives $65 Million advance payment from a customer, Highland Inc., to manufacture 6,000 cars. Journal Entry #4 Mason Automotive issues a bond payable on January 1st, 2020 with a face value of $100 Million at 98 The bond will have a useful life of 20 years with an interest payment of 5% (Annual Percentage Rate) due at the end of the month. Record the necessary joumal entry as of January 1st, 2020. (Note: When considering the amortization of the discount or premium, assume the straight line method is used). Journal Entry #5 Mason Automotive purchased $255 Million dollars worth of inventory on January 2nd, 2020. $85 Million was paid with cash with the remaining balance on account. Mason notes that it will use a perpetual inventory system to track inventory. Journal Entry #6 On January 2nd, Mason Automotive shipped an order to Panther Paws Corporation. The shipping terms were FOB shipping point. The sales value of the order was $225 Million and the inventory cost was $115 Million. Assume that this sale was made on account. Journal Entry #7 Mason Automotive purchased $5.5 Million dollars worth of supplies on account on January 2nd, 2020. Journal Entry #8 Mason Automotive pre-pays for Rent Expense for the next year of $16.5 Million on January 3rd, 2020. Journal Entry #9 Mason Automotive buys a patent from Apple for $20.5 Million on January 3rd, 2020. The patent has a legal life of 25 years and useful life of 20 years. Record the necessary entry as of January 3rd, 2020. Assume the patent was purchased using cash. Journal Entry #10 Mason Automotive purchases fixed assets of $175 Million that will have a useful life of 20 years and a salvage value of $25 million on January 4th, 2020. $50 million was paid with cash with the remaining balance on account. These assets are depreciated using the straight-line method. Journal Entry #11 On January 20th, Mason Automotive decides to purchase 100,000 shares of Treasury stock at $25 per share. Oil unl 225,000,000 1 Cash Common Stock Additional Paid in Capital 30,000,000 195,000,000 2 No journal entry required 3 Cash 65,000,000 Unearned sales revenue 65,000,000 4 Cash Discount on bonds payable Bonds payable 98,000,000 2,000,000 100,000,000 5 Inventory 255,000,000 Cash Accounts payable 85,000,000 170,000,000 6 Accounts receviable 225,000,000 Sales revenue 225,000,000 Cost of goods sold 115,000,000 Inventory 115,000,000 7 Supplies 5,500,000 Cash 5,500,000 8 Prepaid rent 16,500,000 Cash 16,500,000 9 Patent 20,500,000 Cash 20,500,000 10 Fixed assets 175,000,000 Cash Accounts payable 50,000,000 125,000,000 11 Treasury Stock 2,500,000 Cash 2,500,000 Adjusting Entries 425,000 Interest expense Premium/ Discount Cash 8,333 416,667 1,375,000 Rent expense Prepaid rent expenses 1,375,000 2,000,000 Supplies expense supplies 2,000,000 Unearned revenue 32,500,000 revenue 32,500,000 19,500,000 Cost of goods sold Inventory 19,500,000 12,375,000 Bad debts expense Allowance for doubtful accounts 12,375,000 625,000 Depreciation expense Accumulated Depreciation 625,000 85,417 Amortization expense (patent) Patent 85,417 3,345,750 Salaries and wages expense Salaries and wages payable 3,345,750 1,154,250 Payroll tax expense Federal Income tax payable State income tax payable FICA withholding Payable 540,000 270,000 344,250 1,278,385,417 OK Check 1,278,385,417 OK Opening Balance Sheet Credit Credit Debit 213,083,333 225,000,000 12,375,000 120,500,000 3,500,000 15, 125,000 175,000,000 - 625,000 20,414,583 Cash Accounts Receivable Allowance for Doubtful Accounts Inventory Supplies Pre-Paid Expense Property Plant and Equipment Accumulated Depreciation Patent Accounts Payable Unearned Revenue Salaries and Wages Payable FICA Withholding Payable Federal Income Tax Payable State Income Tax Payable Payable Bond Payable Premium/Discount Common Stock Additional Paid In Capital Treasury Stock Retained Earnings Revenue Cost of Goods Sold Rent Expense Salaries and Wages Expense Payroll Tax Expense Depreciation Expense Amortization Expense (Patent) Bad Debt Expense Supplies Expense Interest Expense Totals 300,500,000 32,500,000 3,345,750 344,250 540,000 270,000 100,000,000 (1,991,667) 30,000,000 195,000,000 Adjusted Trial Balance 213,083,333 225,000,000 (12,375,000) 120,500,000 3,500,000 15,125,000 175,000,000 (625,000) 20,414,583 (300,500,000) (32,500,000) (3,345,750) (344,250) (540,000) (270,000) (100,000,000) 1,991,667 (30,000,000) (195,000,000) 2,500,000 2,500,000 257,500,000 2 (257,500,000) 134,500,000 1,375,000 3,345,750 1,154,250 625,000 85,417 12,375,000 2,000,000 425,000 134,500,000 1,375,000 3,345,750 1,154,250 625,000 85,417 12,375,000 2,000,000 425,000 931,008,333 1 5 931,008,333

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