Aequired information Exercise 10-3 (Algo) Record the issuance of common stock (LO10-2) [The following information applies ro the questions displayed below] Clothing Frontiers began operations on January 1 and engages in the following transactions during the year related to stockholders' equity Janvary 1 Issues 600 shares of cosmon stock for 140 per share. April 1 Issues 100 additional shares of conon stock for $44 per share. Exercise 10-3 (Algo) Part 1 Required: 1. Record the transoctions, assuming Clothing Fiontiers 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.) Journal entry worksheet 2 Record the issuance of 600 shares of common stock for $40 per share. Notei tnoer debits before credts. Journal entry worksheet Record the issuance of 100 additional shares of common stock for $44 per share. Note: Enter debits before credits. Required information Exercise 10-3 (Algo) Record the issuance of common stock (LO10-2) [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 600 shares of common stock for $40 per share. April 1 Issues 100 additional shares of common stock for $44 per share. Exercise 10-3 (Algo) Part 2 Record the transactions, assuming Clothing Frontiers has either $1 par value or $1 stated value common stock. (If no entry is equired for a particular transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet Record the issuance of 600 shares of common stock for $40 per share. Note: Enter debits before credits. Journal entry worksheet Record the issuance of 100 additional shares of common stock for $44 per share. Note: Enter debits before credits