7. On January 3, Halsall Corporation purchased 2,400 shares of the company's $6 par value common stock as treasury stock, paying cash of $8 per share. On January 30, Halsall sold 1,450 shares of the treasury stock for cash of $14 per share. Joumalize these transactions, (Record deblts first, then credits. Select the explanation on the last line of the loumal entry table. Journalize the purchase Ithe treasury stock Credit Date Accounts and Explanation Debit Jan. 3 Joumalize the sale of treasury stock shares. Date Accounts and Explanation Debit Credit Jan. 30