DOES ANYONE UNDERSTAND THIS

ACC 201 Introduction to Financial Acc, Spring 20, 21589 Dillon Gasser & | 05/05/20 6:17 PM Test: Final Exam - 201 Time Remaining: 01:51:49 Submit Test This Question: 2 pts A 4 of 44 (3 complete) This Test: 75 pts possible 7. On January 3, Russet Corporation purchased 2, 100 shares of the company's $4 par value common stock as treasury stock, paying cash of $7 per share. On January 30, Russet sold 1,050 shares of the treasury stock for cash of $11 per share. Journalize these transactions. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Journalize the purchase of the treasury stock. Date Accounts and Explanation Debit Credit Jan. 3 Journalize the sale of treasury stock shares. Date Accounts and Explanation Debit Credit Jan. 30 Priv Choose from any list or enter any number in the input fields and then continue to the next question. Ter MacBook Air