2 [The following information applies to the questions displayed below.] Clothing Frontiers began operations on January 1 and engages in the following transactions during the year related to stockholders' equity. January 1 Issues 500 shares of common stock for $48 per share. April 1 Issues 120 additional shares of common stock for $52 per share. Part 1 of 2 Exercise 10-3A Part 1 1.75 points Required: 1. Record the transactions, assuming Clothing Frontiers has no-par common stock. (If no entry is required for a particular transaction/event, select "No Journal Entry Required in the first account field.) References View transaction list Journal entry worksheet 1 2 > Record the issuance of 500 shares of common stock for $48 per share. Note: Enter debits before credits. General Journal Debit Credit Date January 01 Pecordant Clearanto Von doneralioumal 3 Required information Exercise 10-3A Record the issuance of common stock (LO10-2) [The following information applies to the questions displayed below.) Part 2 of 2 Clothing Frontiers began operations on January 1 and engages in the following transactions during the year related to stockholders' equity. 1.75 points January 1 Issues 500 shares of common stock for $48 per share. April 1 Issues 120 additional shares of common stock for $52 per share. Exercise 10-3A Part 2 References 2. Record the transactions, assuming Clothing Frontiers has either $1 par value or $1 stated value common stock. (If no entry is required for a particular transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet Record the issuance of 500 shares of common stock for $48 per share. Note: Enter debits before credits. Date General Journal Debit Credit January 01