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 500 shares of common stock for $39 per share. April 1 Issues 120 additional shares of common stock for $43 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 View journal entry worksheet Date General Journal Credit Debit 19,500 January 01 Cash Common Stock 19,500 April 01 19.500 Cash Common Stock Dividends Clothing Frontiers began operations on January 1 and engages in the following transactions during the year related to stockholders' equity January 1 Tues 500 shares of common stock for $39 per share. April 1 Issues 120 additional shares of common stock for $43 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.) View transaction list Journal entry worksheet