How is a guaranteed residual value treated differently by the lessee when determining the classification of leases

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How is a guaranteed residual value treated differently by the lessee when determining the classification of leases as compared to the recording of a lease liability?

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Intermediate Accounting Volume 2

ISBN: 9781618533135

2nd Edition

Authors: Hanlon, Hodder, Nelson, Roulstone, Dragoo

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Question Posted: May 24, 2024 09:05 AM

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How is a guaranteed residual value treated differently by the lessee when determining the classification of leases

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Intermediate Accounting Volume 2

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