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Assume that , instead of tranferring the machine, Nash decides to grant 1 6 , 0 0 0 shares of its common stock ( $
Assume that instead of tranferring the machine, Nash decides to grant shares of its common stock $par which has a fair value of $ in fill settlement of the loan obligation.if crane state bank treats Nash stock as a trading investment, prepare the entries to record the transaction for both parties.
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