9. Correct any errors in the following paragraph, or fix any areas where the professionalism of the writing could be improved. Consider proper voice, language, and punctuation. You do not need to use the Codification to complete this exercise. In my opinion Beta Corp's (their) accounting is wrong because they are applying revenue recognition guidance to a lease contract, even though lease transactions are exempted from Code 606. Code Section 606- 15-2 says that a. Lease contracts within the scope of Topic 842, Leases are not subject to revenue recognition guidance