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Welcome to Accounting Academy with Fitz and his dog FIFO. They love helping people learn about accounting. Today, they are assisting their friend Paul who owns Pet Vet, a chain of veterinary clinics. Paul needs help with accounting for changes in his leases. The first clinic is expanding with an additional thousand square feet at a higher market rate. This means the cost of expansion is more than the original square footage. Join them on this accounting adventure!
