GLO203 - (No Analysis Tab) - Based on Exercise 2-12 Prepare journal entries for each transaction and identify the financial statement impact of each entry The financial statements are automatically generated based on the journal entries recorded. Assume Hall Services began the year with the following balances: Cash, $47,000: Accounts receivable $11,400, and common stock, $58,400. Jan. 1 Debbie Hall invested $21,400 cash in the company in exchange for common stock. Jan. 2 The company provided services to a client and immediately received $5,100 cash. Jan. The company received $11,400 cash from a client in payment for services to be provided next year. Jan. The company received $6,300 cash from a client in partial payment of accounts receivable. Jan. 5 The company borrowed $12,000 cash from the bank by signing a note payable. Requirement General Journal General Ledger Trial Balance Income Statement St Retained Earnings Balance Sheet Every journal entry must keep the accounting equation in balance. Prepare the journal entries for each of the transactions of the Hall Company, entering the debits before the credits. Each transaction will automatically be posted to the General Ledger and the Trial Balance as soon as you click "Record Entry". View transaction list View journal entry worksheet No Date Jan 01 Account Title Debit Credit 21.400 Common stock