$!$

Required information

Exercise $10-3($Algo$)$ Record the issuance of common stock $($LO$10-2)$

$[$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 $$35$ per share.

April $1$ Issues $100$ additional shares of common stock for $$39$ per share.

Exercise $10-3($Algo$)$ Part $2$

$2.$ Record the transactions, assuming Clothing Frontiers has either $$1$ par value or $$1$ stated value common stock. $($If no entry is required for a particular transaction$/$event$,$ select $"$No Journal Entry Required" in the first account field.$)$