Hello all! I need help with adjusting the monthly journal entries and kind of double checking my work! Any help is appreciated! thank you all so much!

My answers before monthly ending.

Journal Entry #1 Mason Automotive sells 10,0oo,ooo shares at $5 par for $15 on January 1st, 2019 Journal Entry #2 Ed Mason, the CEO, hires 4,000 employees, whom will receive a combined salary of $6.5 Million on a monthly basis. The employees started on January 1st and will be paid for the month of January on February 5th. Employee's withholdings are as follows: 10% for federal income taxes 5% for state income taxes and 7% for FICA. Record the necessary entry as of January 1st, 2019 Journal Entry #3 On January 1st, Mason Automotive receives $70 Million advance payment from a customer, Highland Inc., to manufacture 7,000 cars Journal Entry #4 Mason Automotive issues a bond payable on January ist, 2019 with a face value of $500 Million at 98. The bond will have a useful life of 1o years with an interest payment of 8% (Annual Percentage Rate) due at the end of the month. Record the necessary journal entry as of January 1st, 2019 (Note: When considering the amortization of the discount or premium, assume the straight line method is used) Journal Entry #5 Mason Automotive purchased $6 Million dollars worth of supplies on account on January 2nd, 2019 Journal Entry #6 On January 2nd, Mason Automotive shipped an order to Panther Paws Corporation. The shipping terms were FOB shipping point and the value of the order was $95 Million and the inventory cost was $55 Million. Assume that this sale was made on account. Journal Entry #7 Mason Automotive purchased $150 Million dollars worth of inventory on January 2nd, 2019. $8 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 #8 Mason Automotive buys a patent from Apple for $20 Million on January 3rd, 2019. The patent has a legal life and useful life were the same. Record the necessary entry as of January 3rd, 2019. Assume the patent was purchased using cash. Journal Entry #9 Mason Automotive pre-pays for Rent Expense for the next year of $12 Million and Insurance Expense of $3.7 Million on January 3rd, 2019. Journal Entry #10 Mason Automotive purchases fixed assets of $10o Million that will have a useful life of 10 years and a salvage value of $20 million on January 4th, 2019. $20 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 500,o0o shares of Treasury stock at $35 per share Adius Month ntries There are 10 applicable adjusting entries that need to be made as of the end of the month based on the information provided above. When recording ese adjusting entries consider the following facts 1.) Interest expense will be recorded as a operating expense items on the income statement. 2.) Record the necessary adjusting entries related to pre-paid expense as separate journal entries 3.) When reviewing the supply room as of the end of the month, Mason Automation noted that it had $2.5 Million worth of supplies still on hand. 4.) As of the end of the month, 3,ooo cars were completed for Michael Scott Paper Company and the performance obligation had been met on those 3,ooo cars. As such, revenue was determined to be earned on those 3,000 vehicles and it was noted that each vehicle costed $5,ooo to manufacture 5.) Mason Automation uses the balance sheet approach in estimating the allowance for doubtful accounts as of the end of the period. Based on industry average, Mason noted that it will use 3% of receivables as an estimation. 6.) When preparing the balance sheet, close out net income to retained earnings Debit Account Credit Account Debit Amount ($)CreditAmount ($) - Date - January 1st 2019 Cash 150,000,000 Common Stock Additional Paid-in Capital 0,000,00O 100,000,0OO January ist 2019 January ist 2019 Cash 0,000,00O Unearned Sales Revenue 0,000,00O January 1st 2019 Cash 490,000,00o 10,00O,0OO Discount on Bonds Pavable Bonds Pavable 0o,00O,0OO January 2nd 2019 Supplies 0,000,00O Accounts Pavable 0,00O,000 January 2nd 2019 Accounts Receivable 000,0O0 Sales Revenue 000,0O0 Cost of Goods Sold 0oo,OOO Inventor ooo,oOO January 2nd 2019 Inventory 150,000,000 Cash Accounts Pavable 80,00O,0OO 0,000,00O January 3rd 2019 Patent 20.000,00O Cash 20,00O,0OO January 3rd 2019 Prepaid Rent 12,000,00O Prepaid Insurance Cash 0o,o00 January 4th 2019 Fixed Asset 100,000,0OO Cash Accounts Payable 20,000,0OO 80,00O,000 January 20th, 201Treasury Stock oo,ooO Cash 0o,00O