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 $34 per share.

April 1 Issues 110 additional shares of common stock for $38 per share.

Record the transactions, assuming Clothing Frontiers has either $1 par value common stock or $1 stated value stock. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)

1. Record the issuance of 700 shares of common stock for $34 per share.

2. Record the issuance of 110 additional shares of common stock for $38 per share.