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Bargain Central, Inc. completed the following treasury stock transactions in 2025 : View the transactions. Requirements 1. Journalize these transactions. Explanations are not required. 2.

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Bargain Central, Inc. completed the following treasury stock transactions in 2025 : View the transactions. Requirements 1. Journalize these transactions. Explanations are not required. 2. How will Bargain Central, Inc. report treasury stock on its balance sheet as of December 31,2025 ? Requirement 1. Journalize these transactions. (Record debits first, then credits. Exclude explanations from any journal entries.) Dec. 1: Purchased 1,800 shares of the company's $1 par value common stock as treasury stock, paying cash of $4 per share. Transactions \begin{tabular}{ll} \hline Dec. 1 & \begin{tabular}{l} Purchased 1,800 shares of the company's $1 par value common stock as treasury stock, \\ paying cash of $4 per share. \end{tabular} \\ Dec. 15 & Sold 300 shares of the treasury stock for cash of $9 per share. \\ Dec. 20 & \begin{tabular}{l} Sold 1,100 shares of the treasury stock for cash of $2 per share. (Assume the balance in \\ Paid-In Capital from Treasury Stock Transactions on December 20 is $2,100.) \end{tabular} \\ \hline \end{tabular}

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