Best Discount Furniture, Inc. completed the following treasury stock transactions in 2024 : (Click the icon to view the transactions.) Requirements 1. Journalize these transactions. Explanations are not required. 2. How will Best Discount Furniture, Inc. report treasury stock on its balance sheet as of December 31, 2024? 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 $6 per share