Exercise 10-3A Record the issuance of common stock (LO10-2)

[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 600 shares of common stock for $32 per share.
April		1		Issues 100 additional shares of common stock for $36 per share.

Exercise 10-3A Part 1

Required: 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.)