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More info Cheap Quality 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 Cheap Quality Furniture, Inc. report treasury stock on its balance sheet as of December 31,2024 ? Dec. 20: Sold 800 shares of the treasury stock for cash of $1 per share. (Assume the balance in Paid-ln Capital from Treasury Stock Transactions on December 20 is $2,300.)