After being in business for several years and issuing its common stock to the public, Bottom Dollar, Inc., completed the following treasury stock transactions: (Click the icon to view the transactions.) Read the requirements CE Requirement 1. Journalize these transactions. Explanations are not required. (Record debits first, then credits. Exclude explanations from any journal entries.) Begin by journalizing the purchase of the treasury stock. Journal Entry Accounts Debit Credit More info a a. Purchased 3,000 shares of the company's $1 par common stock as treasury stock, paying cash of $10 per share Sold 1,800 shares of the treasury stock for cash of $13 per share b. Now let's journalize the sale of the treasury stock. Journal Entry Accounts Debit Credit Print Done b. After being in business for several years and issuing its common stock to the public, Bottom Dollar, Inc., completed the following treasury stock transactions: (Click the icon to view the transactions.) Read the requirements Requirement 2. What kind of account is Treasury stock? After completing the two transactions, how should Bottom Dollar, Inc., report the treasury stock on its balance sheet? Treasury stock is After completing the two transactions, how should Bottom Dollar, Inc., report the treasury stock on its balance sheet? Complete the partial balance sheet below to show how the company should record the treasury stock on its balance sheet (Complete all answer boxes.) Bottom Dollar, Inc. More info Balance Sheet (partial) Total paid-in capital $ XXX.XXX Retained earnings Purchased 3,000 shares of the company's $1 par common stock as treasury stock, paying cash of $10 per share Subtotal b. Sold 1,800 shares of the treasury stock for cash of $13 per share Treasury stock at shares @ $ XXX.XXX Total Stockholders' Equity Print Done a