4-5. The U. S. Chamber of Commerce provides a free monthly bank reconciliation template at business. uschamber. com/tools/bankre_m. asp. Annie Moats just received her bank statement
notice online. She wants to reconcile her checking account with her bank statement and has
chosen to reconcile her accounts manually. Her checkbook shows a balance of $698. Her
bank statement reflects a balance of $1,348. Checks outstanding are No. 2146, $25; No.
2148, $58; No. 2152, $198; and No. 2153, $464. Deposits in transit are $100 and $50. There is
a $15 service charge and $5 ATM charge in addition to notes collected of $50 and $25.
Reconcile Annie's balances. LU 4-2(3)
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Mae jong corp. issues $1,000,000 of 10% bonds payable which may be converted into 10,000 shares of $2 par value ordinary shares. the market rate of interest on similar bonds is 12%. interest is payable annually on december 31, and the bonds were issued for total proceeds of $1,000,000. in accounting for these bonds, mae jong corp. will: (a) first assign a value to the equity component, then determine the liability component. (b) assign no value to the equity component since the conversion privilege is not separable from the bond.(c) first assign a value to the liability component based on the face amount of the bond.(d) use the “with-and-without” method to value the compound instrument.