. On January 3, Topaz Corporation purchased 2,350 shares of the company's $2 par value common stock as treasury stock, parying cash of $14 per share. On January 30, Topaz sold 1,400 shares of the treasury stock for cash of $16 per share. Journaize these transactions. (Record debits irst, then credits. Select the explanation on the last line of the journal entry table) Jounalize the purchase of the treasury stock Date Accounts and Explanation Debit Credit Jan. 3Treasury S Cash Joumalize the sale of treasury stock shares Date Accounts and Explanation Debit Credit Jan. 30