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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
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 600 shares of common stock for $46 per share. April 1 Issues 100 additional shares of common stock for $50 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.) 2 Record the issuance of 600 shares of common stock for $46 per share. Note: Enter debits before credits. Date General Journal Debit Credit January 01 2 Record the issuance of 100 additional shares of common stock for $50 per share. Note: Enter debits before credits. General Journal Debit Credit Date April 01
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