Accountancy, asked by piyu29092000, 9 months ago

what all is included in
minimum lease payments​

Answers

Answered by sivasanajana89
7

Explanation:

The minimum payment is known as the minimum lease payment. Minimum lease payments are rental payments over the lease term including the amount of any bargain purchase option, premium, and any guaranteed residual value, and excluding any rental relating to costs to be met by the lessor and any contingent rentals

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