Examlex
Binary trees can be divided into
Unearned Interest Revenue-Leases
Revenue recognized from leasing transactions which has been collected but not yet earned, typically because the service period has not been completed.
Sales-type Lease
A lease agreement in which the lessor effectively transfers ownership and all risks and rewards of the asset to the lessee, resulting in immediate profit recognition.
Guaranteed Residual Value
The pre-determined value at which a leased asset is guaranteed to be worth at the end of the lease term, important for lease agreements.
Contingent Rentals
Lease payments that are not fixed but are instead based on the occurrence of a certain event or situation.
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