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 $34 per share. April 1 Issues 110 additional shares of common stock for $38 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 fleld.) Answer is complete but not entirely correct. No Date 1 January 01 Cash Common Stock General Journal Additional Paid-in Capital Debit Credit 23,800 700 32,100 x 2 April 01 Cash 4,180 Common Stock 110 x Additional Paid-in Capital 4,070