Exercise 10-3 Record the issuance of common stock (L010-2) 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 700 shares of common stock for $50 per share. April 1 Issues 110 additional shares of common stock for $54 per share. References