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If the Title to a Leased Asset Does Not Transfer

question 165

Multiple Choice

If the title to a leased asset does not transfer to the lessee at the end of the lease term,but a third party guarantees the residual,what is the period and residual value used by the lessor to depreciate the leased asset? If the title to a leased asset does not transfer to the lessee at the end of the lease term,but a third party guarantees the residual,what is the period and residual value used by the lessor to depreciate the leased asset?   A)  Choice 1 B)  Choice 2 C)  Choice 3 D)  Choice 4


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