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Required information Exerclse 10-3 (Algo) Record the issuance of common stock (LO10-2) (The following information apolies to the guestions displayed below; Clothing Frontiers began operations
Required information Exerclse 10-3 (Algo) Record the issuance of common stock (LO10-2) (The following information apolies to the guestions displayed below; Clothing Frontiers began operations on January 1 and engages in the following transactions during the year related to stockholders' equily. January 1 issues 600 shares of conon stoek for $40 per share. Aprit 1 Tssues 100 additional shares of coneon stock for 150 per share. Exercise 10-3 (Algo) Part 1 Required: 1. Record the transactions, assuming Clothing Frontiers has no-par common stock. of no entry is required for a particular transoction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet Record the issuance of 100 additional shares of common stock for $50 per share. Notei Enter debits before cundts
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