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Q: Should leasehold improvement be deferred
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Related questions

Is carpeting considered to be a leasehold improvement or furniture and fixture?

it is considered a leasehold improvement.


Journal entry for amortization of leasehold improvement?

Debit depreciation expensesCredit leasehold improvement


Is hoarding a leasehold improvement?

NO !


Are dumpsters used in construction for leasehold improvement considered leasehold improvements?

no


Is a new floor a leasehold improvement?

Yes, it can be classified as a leasehold improvement as long as it was indeed done on rented premises, etc.


Is painting leasehold improvement?

yes


Is concrete installation a leasehold improvement?

Yes


What is journal entry for tenant improvement allowance?

Entry when Lease is entered into: DB Cash / AR $XXX,XXX CR Deferred Rent $XXX,XXX Entry when tenant improvement is performed: DB Leasehold Improvements $XXX,XXX CR Cash $XXX,XXX Monthly entry to amortize the deferred rent: DB Deferred Rent $XXX,XXX CR Rent Expense $XXX,XXX


Where can one find information about a leasehold improvement?

There are many websites in which one could find information about a leasehold improvement. Some of these websites include investopedia and businessdictionary.


Is light fixtures considered a leasehold improvement?

They can be, yes.


Is air conditioning leasehold improvements?

It is considered a leasehold improvement if it is affixed to the property and when you're installing a new unit.


Is improving fire protection a leasehold improvement?

Could be, but without knowing what the improvement was we have no way of knowing.