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In this video tutorial from Accounting Academy, Fitz and his dog FIFO assist their friend Paul, who owns a chain of veterinary clinics called Pet Vet. Paul is seeking guidance on how to account for modifications to his leases. He explains that his first clinic is expanding by adding another thousand square feet at the current higher market rate. Fitz acknowledges that the cost of this expansion exceeds the original lease agreement, and they plan to explore the accounting implications of this change. The session aims to help Paul better understand how to manage the accounting for his lease modifications.