Accountancy, asked by moremilind021, 2 months ago

the difference between residual value of assets and it's guaranteed residual value is​

Answers

Answered by karanr2639
2

Explanation:

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Answered by SanaArmyGirl
33

Answer:

In short, residual value is the estimated fair value of the leased asset at the end of the lease, and can be either guaranteed or unguaranteed by the lessee. Guaranteed residual values are usually included in the minimum lease payments.

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