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8 2 of 2 Required information The following information applies to the questions played below! Clothing Frontiers began operations on January and engages in the

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8 2 of 2 Required information The following information applies to the questions played below! Clothing Frontiers began operations on January and engages in the following transactions during the year related to stockholders' equity January 1s 600 shares of common stock for $40 per share Apr 100 ditional shares of common stock for $44 per share 3 2. Record the transactions, assuming Clothing Frontiers has her par value common stock or stated value stock. On entry is required for a transaction/event, select "No journal entry required in the first account field.) View all Journal entry worksheet > Reference Record the launce of 600 shares of common tockor 40 per una Northern Dale January 1 Nacord Cherry View View transaction list Journal entry worksheet 2 Record the issuance of 100 additional shares of common stock for $44 per share. Note: Enter debits before credits. Date General Journal Debit Credit April 01 Record entry Clear entry View general Journal 9 .73 Italian Stallion has the following transactions during the year related to stockholders' equilty February issues 5,800 shares of no par common stock for $14 per share. May 15 Issues 400 shares of $10 par value preferred stock for $11 per share. October 1 Declare a cash dividend of $115 per share to all stockholders of record (both common and preferred) on October 15, October 15 Date of record October 31 Pay the cash dividend declared on October Required: Record each of these transactions. ( no entry is required for a transaction/event, select "No journal entry required in the first account field.) ond View transaction et P Journal entry worksheet References Issues 5,000 shares of no-par common stock for $14 per whare. Motel Bar defendit General Journal Debil Credit De February 01 Record entry Clear entry View nerw jumal Journal entry worksheet

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