Required information 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 $47 per share. April 1 Issues 110 additional shares of common stock for $51 per share. 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.) View transaction list Journal entry worksheet 2 1 Record the issuance of 700 shares of common stock for $47 per share. Note: Enter debits before credits. Debit Credit General Journal Date January 01 Next > 1 of 10 Prev Record the issuance of 110 additional shares of common stock for $51 per share. Note: Enter debits before credits. Credit General Journal Debit Date April 01