Question
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
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 $50 per share. | ||
| April | 1 | Issues 110 additional shares of common stock for $54 per share. |
1. Record the transactions, assuming Clothing Frontiers 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.) 
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Computer Aided Fraud Prevention And Detection A Step By Step Guide
Authors: David Coderre
1st Edition
0470392436, 978-0470392430
