Minimum lease payment

Accountancy

Sir, For Lessor, If any Residual Value Guaranteed by a third party, Won't that amount be manipulated by Lessor(Lessor may Inflate the RV)and be different from the actual ?? OR is MLP different for Lesse and Lessor,?? If so, Then which one should we consider?? Does it form the part of the Lease Agreement?? [Video Time Stamp: 18:26] Video Details ------------- P1 - Accounting Standards - CA Inter AS 19 Leases #4. Minimum Lease Payments

Jagadeesh Jaidev

CA Inter

★ 645

02-Mar-26 16:59

155

Answers (5)

Lessee is concerned about what he has guaranteed. Also it has to be from unrelated party

CA Suraj Lakhotia

Admin

02-Mar-26 17:23

So, MLP doesn't need to be included in Lease agreement, Right, sir??

Thread Starter

Jagadeesh Jaidev

CA Inter

★ 645

02-Mar-26 17:48

Thread Starter

Jagadeesh Jaidev

So, MLP doesn't need to be included in Lease agreement, Right, sir??

MLP or GRV?

CA Suraj Lakhotia

Admin

05-Mar-26 10:29

MLP, sir?? Does it need to be included in the agreement or is it just for our calculation,?? As MLP is different for Lessor And lessee, I asked.

Thread Starter

Jagadeesh Jaidev

CA Inter

★ 645

05-Mar-26 14:43

Thread Starter

Jagadeesh Jaidev

MLP, sir?? Does it need to be included in the agreement or is it just for our calculation,?? As MLP is different for Lessor And lessee, I asked.

The lease agreement contains the rental schedule, residual value clause, guarantee details, etc. From those terms, accountants derive MLP separately for lessor and lessee books. So MLP is a derived figure for accounting entries not a term written in the contract.

CA Suraj Lakhotia

Admin

05-Mar-26 15:37