Clothing Frontiers began operations on January 1 and engages in the following transactions during the year related to stockholders equity.

January 1	Issues 700 shares of common stock for $37 per share.
April 1	Issues 110 additional shares of common stock for $41 per share.

2. Record the transactions, assuming Clothing Frontiers has either $1 par value or $1 stated value common stock.

Journal entry worksheet Record the issuance of 700 shares of common stock for $37 per share. Note: Enter debits before credits. Journal entry worksheet Record the issuance of 110 additional shares of common stock for $41 per share. Note: Enter debits before credits