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In the 90% test, which of the following needs to be capitalized when comparing with the 90% fair value of the leased property? guaranteed residual
In the 90% test, which of the following needs to be capitalized when comparing with the 90% fair value of the leased property?
guaranteed residual value
guaranteed residual value in excess of expected residual value
Bargain purchase option
B and C
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Core Concepts Of Accounting Information Systems
Authors: Mark G. Simkin, Carolyn A. Strand Norman, Scott Paquette
1st Canadian Edition
