Yes, it can be classified as a leasehold improvement as long as it was indeed done on rented premises, etc.
it is considered a leasehold improvement.
Debit depreciation expensesCredit leasehold improvement
no
yes
If the unit is new and installed onto the building, yes.
it is considered a leasehold improvement.
It is considered a leasehold improvement if it is affixed to the property and when you're installing a new unit.
Debit depreciation expensesCredit leasehold improvement
NO !
no
yes
If the unit is new and installed onto the building, yes.
Yes
There are many websites in which one could find information about a leasehold improvement. Some of these websites include investopedia and businessdictionary.
They can be, yes.
Could be, but without knowing what the improvement was we have no way of knowing.
Fixed Assets.