The Fixed Assets Section of the Balance Sheet
The fixed assets section of the balance sheet is one of the easiest sections to read and understand. This article is written to describe and illustrate some simple examples of the fixed assets section.
Improvements
Improvements is an account name that includes the cost associated with developing the property including site clearing, drainage, parking lot grading, curbing, asphalt, concrete, sidewalks, lighting fixtures, access routes, landscaping, fencing etc.