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Discuss accounting implication of guaranteed residual value

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Question - Discuss the accounting implication of guaranteed residual value, expected residual value and actual residual value on the book of lessor on the last day of the lease term when the asset is transferred back to the lessor.

Reference no: EM132503635

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Discuss accounting implication of guaranteed residual value : Discuss accounting implication of guaranteed residual value, expected residual value and actual residual value on the book of lessor on the last day of lease
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