Computalog inc showed the followng on Ite Decimber 31, 2023, balance sheet Required: 1. Ascuming the bonds are converuble into 407,000 common shares, joumalize the comversion on January 1, 2024, when the market value por common share was $10.25. Journal entry worksheet Record the conversion of bonds into shares. 2. How will the corversion of bonds into common shares affect the elements of the balance sheet (ascets, liabilities, ecuirty