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 $31 per share. April 1 Issues 110 additional shares of common stock for $35 per share. 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.) No 1 Date January 01 Cash Common Stock 2 April 01 Cash Common Stock Answer is not complete. General Journal Debit Credit 21,700 21,700 3,850 3,850 Required information [The following information applies to the questions displayed below.] Clothing Frontiers began operations on January 1 and engages in the following transactions dur stockholders' equity. January 1 Issues 700 shares of common stock for $31 per share. April 1 Issues 110 additional shares of common stock for $35 per share. 2. Record the transactions, assuming Clothing Frontiers has either $1 par value or $1 stated value con required for a particular transaction/event, select "No Journal Entry Required" in the first account View transaction list Journal entry worksheet 2 Record the issuance of 700 shares of common stock for $31 per share. Note: Enter debits before credits. General Journal Debit Credit 21,700 21,700 Date January 01 Cash Common Stock Record entry Clear entry View general journal 2 Record the issuance of 110 additional shares of common stock for $35 per share. Note: Enter debits before credits. General Journal Debit Credit 3,850 3,850 Date April 01 Cash Common Stock Record entry Clear entry View general journal