Question 11 View Policies Current Attempt in Progress Under an operating lease, the lessor records each rental receipt as part interest revenue and part rental revenue. O True O False Question 12 View Policies Current Attempt in Progress In computing the annual lease payments, the lessor deducts only a guaranteed residual value from the fair value of a leased asset True False O Question 13 View Policies Current Attempt in Progress If it is probable that the expected residual value is less than the guaranteed residual value, the difference should be included in the computation of the lease liability. O True O False Question 14 View Policies Current Attempt in Progress Both a guaranteed and an unguaranteed residual value affect the lessee's computation of amounts capitalized as a leased asset. True O False