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Computalog inc. showed the following on its December 31,2023 , bslance sheet Requlred: 1. Assuming the bonds are convertible into 410,000 common shares, joumbile the

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Computalog inc. showed the following on its December 31,2023 , bslance sheet Requlred: 1. Assuming the bonds are convertible into 410,000 common shares, joumbile the conversion on January 1,2024 , when the marke: value per common share was $10.25 Journal entry worksheet Recerd the cenveranen of bend into sharea. Nesel Enter dobint twisen ereditr. 2. How will the conversion of bonds into common shares affect the elements of the balance sheet (assets, llabilitles. equity)

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