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When lessors account for residual values related to leased assets, they include the unguaranteed residual value in sales revenue. reduce the residual value by the

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When lessors account for residual values related to leased assets, they include the unguaranteed residual value in sales revenue. reduce the residual value by the executory costs. recognize more gross profit on a sales-type lease with a guaranteed residual value than on a sales-type lease with an unguaranteed residual value. include the residual value in the receivable measurement because it is assumed the residual value will be realized

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