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    Intermediate Accounting Reporting and Analysis Study Set 1
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    Exam 20: Accounting for Leases
  5. Question
    In a Direct-Financing Lease, the Guaranteed Residual Value by an Unrelated
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In a Direct-Financing Lease, the Guaranteed Residual Value by an Unrelated

Question 35

Question 35

True/False

In a direct-financing lease, the guaranteed residual value by an unrelated third party is not included while calculating the lease receivable.

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