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. 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.) Saved ework Required information Record the issuance of 700 shares of common stock for $47 per share. Note: Enter debits before credits Date General Journal Debit Credit January 01 Search Required information Record the issuance of 110 additional shares of common stock for $51 per share. Note: Enter debits before credits Date General Journal Debit Credit April 01 Record entry Clean View Lugal arch