Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What is considered a leasehold improvement versus a fixed asset?

April 26, 2017Accounting ASSET Finance fixed improvement leasehold versus

0

Posted

What is considered a leasehold improvement versus a fixed asset?

1 Answer

0

Posted

A leashold improvment is an improvement of a leased asset, such as fixtures, that increases the value of the asset. A fixed asset is an asset that has value over a period of time.