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    Intermediate Accounting Study Set 7
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    Exam 18: Extension: Ol Accounting for Leases Current Standard
  5. Question
    When There Is an Unguaranteed Residual Value, the Lessor Includes
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When There Is an Unguaranteed Residual Value, the Lessor Includes

Question 115

Question 115

True/False

When there is an unguaranteed residual value, the lessor includes the present value of the unguaranteed residual value in the lease receivable.

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