WILL GIVE THUMBS UP IF DONE QUICKLY AND CORRECT! THESE TWO GO TOGETHER AND NEED ANSWERS FOR BOTH

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. 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.) No Date Answer is complete but not entirely correct. General Journal 21,700 Debit Credit 1 January 01 Cash Common Stock 700 2 April 01 3,850 Cash Common Stock 110 X 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.) View transaction list Journal entry worksheet Record the issuance of 700 shares of common stock for $31 per share. Note: Enter debits before credits. General Journal Debit Credit Date January 01 Record entry Clear entry View general journal