Retail
Store Fit-Out / Leasehold Improvement
Capitalizing the cost of fitting out a new store location — flooring, shelving, lighting.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Leasehold Improvements (Store) | Asset (+) | 80,000.00 | - |
| Cash / Bank | Asset (-) | - | 80,000.00 |
💡 Accountant's Note
Permanent improvements to a rented store are capitalized as a fixed asset. They are depreciated over the shorter of the lease term or useful life — typically 5-10 years.
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