Requirement 1. Journalize these transactions. (Record debits first, then credits. Exclude explanations from any journal entries.) Dec. 1: Purchased 1,800 shares of the company/s $1 par value common stock as treasury stock, poying cash of $6 per share. Dec. 15: Sold 300 shares of the treasury stock for cash of $9 per share. Dec. 20: Sold 700 shares of the treasury stock for cash of $2 per share. (Assume the balance in Paid-in Capital from Treasury 5 tock Tranaactions on Dec Requirement 2. How will Botiom Dollar Fumiture, Inc. repon treasury stock on is balance sheet as of December 31, 2016? Bottom Dollar Furniture, the, will report treasury stock on the balance sheot as to total slockholders' equily