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Capital expenditures made by the lessee to improve leased property. The costs of these improvements are recorded in this account because the improvements become part
Capital expenditures made by the lessee to improve leased property. The costs of these improvements are recorded in this account because the improvements become part or the leased property and thus revert to the lessor upon the lease's termination.
An expenditure recorded to an asset account and not directly to expense.
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