stockholders' equity.

January $1$ Issues $600$ shares of common stock for $$40$ per share.

April $1$ Issues $100$ additional shares of common stock for $$44$ per share.

$2.$ Record the transactions, assuming Clothing Frontiers has either $$1$ par value or $$1$ stated value common stock. $($If no entry required for a particular transaction$/$event$,$ select $"$No Journal Entry Required" in the first account field.$)$

Journal entry worksheet

$1\mathrm{.}2$

Record the issuance of $600$ shares of common stock for $$40$ per share.

Note: Enter debits before credits.