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. quired: Record the transactions, assuming Clothing Frontiers has no-par common stock. (If no entry is required for a particular ansaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet Record the issuance of 500 shares of common stock for $48 per share. Note: Enter debits before credits. 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. equired: Record the transactions, assuming Clothing Frontiers has no-par common stock. (If no entry is required for a particular ansaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet Record the issuance of 120 additional shares of common stock for $52 per share. Note: Enter debits before credits