Question

what do you mean by leasehold? ​

Answer 1

Answer: Leasehold is an accounting term for an asset being leased. The asset is typically property such as a building or space in a building.

Explanation:

Answer 2

Answer:

Leasehold is an accounting term for an asset being leased. The asset is typically property such as a building or space in a building. The lessee contracts with the lessor for the right to use the property in exchange for a series of scheduled payments over the term of the lease.

Explanation:

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