Discount Furniture, Inc. completed the following treasury stock transactions in 2018 Click the icon to view the transactions) Requirements 1. Joumalize these transactions. Explanations are not required 2. How wil Discount Fumiture, Inc. report treasury stock on its balance sheet as of December 31, 2018 Requirement 1. Journalize these transactions. Record debts first the credits. Exclude inations from any ouma entre) Dec. 1: Purchased 1,900 shares of the company's $1 par value common stock as treasury stock paying cash of $5 per share. Date Accounts Debat Credit Dec 1 More info Dec 15: Sold 200 shares of the treasury stock for cash of $8 per share Date Account Dec 15 Purchased 1,800 shares of the company's 51 por value common stock as tresury stock Dec. 1 paying cash of perware Dec. 16 Sold 200 shares of the retury stock for cash of per share Sol 1.000 shares of the treasury stock for cash of St per share Assume the balance in Dec. 20 Paid in Capital from Treasury St Transactions on December 2015 52.400) Debi Credit Print De Dec. 20:1.000 shares of the retur lock for cash of pershare (me the bone in Pidin Capital from TuryStock Transactions on December 20 $2,400) Dec. 20: Sold 1,000 shares of the treasury stock for cash of $1 per share. (Assume the balance in Paid-In Capital from Treasury Stock Transactions on December 20 is $2,400.) Credit Date Accounts Debit Dec. 20 Requirement 2. How will Discount Furniture, Inc. report treasury stock on its balance sheet as of December 31, 2018? Discount Furniture, Inc. will report treasury stock on the balance sheet as to total stockholders' equity