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QUESTION 16 Alessor enters a sales-type lease with an unguaranteed residual. The lessor will record A. A credit to sales revenue for the fair value

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QUESTION 16 Alessor enters a sales-type lease with an unguaranteed residual. The lessor will record A. A credit to sales revenue for the fair value of the asset less the gross amount of the unguaranteed residual value. B. A debit to lease receivable for the gross amount less the present value of the unguaranteed residual value. A credit to sales revenue for the fair value of the asset less the present value of the unguaranteed residual value. D. A credit to sales revenue for the fair value of the asset

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