Retail
Leasehold Improvement — Monthly Depreciation
Monthly depreciation charge on the store fit-out.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Depreciation Expense (Store Fit-Out) | Expense (+) | 1,333.00 | - |
| Accumulated Depreciation (Leasehold) | Contra-Asset (+) | - | 1,333.00 |
💡 Accountant's Note
An JOD 80,000 fit-out over a 5-year lease generates JOD 1,333/month of depreciation. This is a significant fixed cost that must be covered before the store is profitable.
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