The Research Memorandum is the signature assignment for the course and must conform to APA format and be at least two pages in length, not including references.•prepare a comprehensive research memorandum on the case below.CASE 1:Nancy Corporation agreed to sell its common stock to Eddie Corporation for five monthly payments of $100,000. Eddie Corporation made the first payment but did not make any other payments. According to the stock subsсrіption agreement, Eddie Corporation forfeits its payment and is entitled to no further consideration. How should Nancy Corporation account for the $100,000 forfeited payment?
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