Why is the leasehold account an intangible asset?

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Intermediate Accounting

ISBN: 978-0132162302

1st edition

Authors: Elizabeth A. Gordon, Jana S. Raedy, Alexander J. Sannella

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Question Posted: Nov 24, 2015 04:57 AM

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Why is the leasehold account an intangible asset?

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Leasehold is the right to use a specific piece of property for a fixed period of time in e...View the full answer

Intermediate Accounting

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