On January 1, 2018, Mason Investments bought $750,000 of 6% bonds. The bonds mature on June 30, 2023. The market rate of interest for similar issues is 5%. Interest is paid semi-annually on June 30 and December 31. Mason uses the effective-interest method. Required: 1. Determine the purchase price of the bonds at January 1, 2018. 2. Record the entries Mason would make to record his investment in the bonds and the recognition of interest revenue on June 30, 2018, and December 31, 2018. Assume Mason accounts for these bonds as a held- to maturity investment. . 3. Identify the two criteria that Mason must meet to classify this investment as held-to-maturity

In the 10th grade, i was teamed up in a group of four. our project was on modern history. altho it seemed super hard for many of us. patrick fleming  took charge and showed us the understanding of this project.  his leadership showed great ethics and it taught me, personally, how to others understand, not just to show them, but explain it thoroughly. and altho he was a great teacher i would have changed a few things. one being his attitude. many times he would get frustrated and impatient with the group.  i think  a leader i would have done exactly  what he did but with much more patience and be there more to explain. such as lunch  learning. and giving everybody a chance to try to explain it in their  head. 

The answer is: deducting liabilities from assets and dividing the remainder by the number of shares of stock outstanding!   hope this ! (: