You currently work for a company which sells products and offers customers the right to return those products within 30 days for a full refund refund. Your manager asks you to determine when revenue should be recognized for these sales (when the sale is made or after the 30 day return period). Prepare a thorough memo to your manager answering his/her question. The memo should be professional and should be written in a way that a person with little (but some) accounting knowledge can understand (you will find your answer in FASB ASC 606-10-55, your job is to explain this section in a professional, complete, concise, understandable manner). You currently work for a company which sells products and offers customers the right to return those products within 30 days for a full refund refund. Your manager asks you to determine when revenue should be recognized for these sales (when the sale is made or after the 30 day return period). Prepare a thorough memo to your manager answering his/her question. The memo should be professional and should be written in a way that a person with little (but some) accounting knowledge can understand (you will find your answer in FASB ASC 606-10-55, your job is to explain this section in a professional, complete, concise, understandable manner)