0
What else can I help you with?
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
Would desks be considered a leasehold improvement?
no, desks would not be considered a leasehold improvement. You are able to remove these items (take them with you when you go) *****They desk is considered furniture and fixtures and should be depreciated over 7 years, unless you elect to take advantage of section 179.
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
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.
How do you classify leasehold improvement in the balance sheet?
Fixed Assets.
