Question
Which of the following is not included in the lease liability of the lessee at inception of the lease when payment is made at the
Which of the following is not included in the lease liability of the lessee at inception of the lease when payment is made at the end of each year?
a. the present value of the residual value guaranteed by a third party.
b. the discounted value of the initial lease payment.
c. the present value of the bargain purchase option.
d. the discounted value of the variable payment.
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Survey of Accounting
Authors: Edmonds, old, Mcnair, Tsay
2nd edition
9780077392659, 978-0-07-73417, 77392655, 0-07-734177-5, 73379557, 978-0073379555
