How does a guaranteed residual value affect the lease accounting for the lessor and the lessee?

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Intermediate Accounting

ISBN: 978-0134730370

2nd edition

Authors: Elizabeth A. Gordon, Jana S. Raedy, Alexander J. Sannella

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Question Posted: Jul 15, 2019 01:22 PM

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How does a guaranteed residual value affect the lease accounting for the lessor and the lessee?

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A guaranteed residual value is a guarantee made to a lessor that the value of an underlying asset re...View the full answer

Intermediate Accounting

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