For both finance and operating leases, if the residual value is guaranteed by a third party or is unguaranteed, then the residual value does not impact the lessee's accounting treatment.

Question

Quizplus · Accepted Answer

For both finance and operating leases, the residual value does not impact the lessee's accounting treatment regardless of whether it is guaranteed by a third party or unguaranteed.

For Both Finance and Operating Leases, If the Residual Value