Final answer:
It is true that both guaranteed and unguaranteed residual values affect the computation of amounts capitalized as a leased asset in lessee's accounting. Guaranteed residual values are included in the calculation of minimum lease payments and affect the lease liability and right-of-use asset, while unguaranteed residual values impact depreciation expense.
Step-by-step explanation:
The statement both a guaranteed and an unguaranteed residual value affect the lessee's computation of amounts capitalized as a leased asset is true. When a lessee enters a lease agreement, the residual value of the leased asset plays a critical role in determining the present value of the lease payments. A guaranteed residual value implies that the lessee has guaranteed the lessor that the asset will be worth at least a certain amount at the end of the lease term. An unguaranteed residual value, on the other hand, is the estimated fair value of the leased asset at the end of the lease term that is not guaranteed by the lessee.
Under accounting standards, lessees must include the present value of guaranteed residual values in the capitalized amount of a leased asset, as they are part of the minimum lease payments. In contrast, unguaranteed residual values are typically not included in the minimum lease payments and affect the depreciation expense of the leased asset. Both types of residual values impact the calculation of lease liabilities and right-of-use assets on the balance sheet of the lessee.