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Nbspin that circumstance how are the amounts

1.Occasionally, a lease agreement includes a guarantee by the lessee that the lessor will recover a specified residual value when custody of the asset reverts back to the lessor at the end of the lease term. Under what circumstance can the guaranteed residual value influence the amounts recorded by the lessee and lessor? In that circumstance, how are the amounts affected?

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Accounting Basics: Nbspin that circumstance how are the amounts

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Accounting Basics: Nbspin that circumstance how are the amounts

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