No, because Leasehold Improvements revert to the lessor at the expiration of the lease term and a sign does not "improve" the leased property.
it is considered a leasehold improvement.
Debit depreciation expensesCredit leasehold improvement
no
Yes, it can be classified as a leasehold improvement as long as it was indeed done on rented premises, etc.
yes
it is considered a leasehold improvement.
Debit depreciation expensesCredit leasehold improvement
NO !
no
Yes, it can be classified as a leasehold improvement as long as it was indeed done on rented premises, etc.
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.
It is considered a leasehold improvement if it is affixed to the property and when you're installing a new unit.
Could be, but without knowing what the improvement was we have no way of knowing.
Fixed Assets.