Required information Exercise 10-3 (Algo) Record the issuance of common stock (LO10-2) The foliowing information apples to the questions displayed below.) Clothing Frontiers began operations on January 1 and engoges in the following transact ons during the year related to stockholders' equity. January 1 tssues 600 shares of comnon stock for s46 per thare. January 1 tasues 600 shares of compon stock for sub per share. per share. Exercise 10-3 (Algo) Part 1 Required: 1. Record the transactions, assuming Clothing Frontiers has no-por common stock. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet Record the issuance of 600 shares of common stock for $46 per share. Note Enter debits befare credits