7. On January 3. Topaz Corporation purchased 2,300 shares of the company's 54 par value common stock as treasury stock, paying cash of $12 per share On January 30, Topaz sold 1,350 shares of the treasury stock for cash of $16 per share Journalize these transactions. (Record debits first, then credits. Select the explanation on the last line of the journal entry table Journalize the purchase of the treasury stock. Date Accounts and Explanation Jan 3 Debit Credit Journalize the sale of treasury stock shares Date Accounts and Explanation Debit Credit Jan 30