Guaranteed Residual Value

Accountancy

Sir, You said that Any maintainance costs given by lessee to lessor at end of lease term also forms the part of GRV, Does it apply only if Lessee purchase the asset at End of Lease term?? [Video Time Stamp: 18:27] Video Details ------------- P1 - Accounting Standards - CA Inter AS 19 Leases #4. Minimum Lease Payments

Jagadeesh Jaidev

CA Inter

★ 645

02-Mar-26 17:02

144

Answers (1)

No. Even if not purchased or purchased by third party

CA Suraj Lakhotia

Admin

02-Mar-26 17:18