Best Discount Furniture, Inc. completed the following treasury stock transactions in 2018: i (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, 2018? Requirement 1. Journalize these transactions. (Record debits first, then credits. Exclude explanations from any journal entries.) A More Info Dec. 1: Purchased 1,800 shares of the company's $1 par value common stock as treasury stock, paying cash of $7 per share. Date Accounts Debit Credit Dec. 1 Dec. 1 Purchased 1,800 shares of the company's $1 par value common stock as treasury stock, paying cash of $7 per share. 15 Sold 400 shares of the treasury stock for cash of $10 per share. 20 Sold 1,200 shares of the treasury stock for cash of $3 per share. (Assume the balance in Paid-In Capital from Treasury Stock Transactions on December 20 is $2,200.) Print Done Choose from any list or enter any number in the input fields and then click Check