need help with this one-22 need help with this one-22 Image transcription textAssume that Waterway and Skysong use the earnings approach for revenue recognition. Waterway returned toSkysong Inc. 5 damaged fuses. Skysong accepted the return and issued a credit note for $270 to Waterwayfor the merchandise it had purchased on account. To record this return, Skysong’s accountant mu… … Business Accounting Share (0)
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