Which of the following would be included in the Lease Receivable account? Guaranteed residual value. Unguaranteed residual
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Question:
Which of the following would be included in the Lease Receivable account?
- Guaranteed residual value.
- Unguaranteed residual value.
- Executory costs
- Penalty for failure to renew.
A) 1 and 3 only
B) 2, 3, and 4
C) 1 and 2 only
D) 1, 2, and 4
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