Question: Does the lessor treat guaranteed residual values differently from unguaranteed residual values for the propose of measuring Lease receivable. Sales revenues Yes. Yes yes. No

Does the lessor treat guaranteed residual values differently from unguaranteed residual values for the propose of measuring

Lease receivable. Sales revenues

Yes. Yes

yes. No

No. Yes

no. No

2. When the lease pays initial direct costs in a lease, the lessee

recognize the full amount of initial cost as expense in the first year if lease

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