The renovation fee of the rented store can be directly included in the current profit and loss if the amount is not large:

Borrowing: management fee-renovation fee

Lending: cash on hand/bank deposit/accounts payable, etc.

If the amount is large, It should be amortized according to the expected useful life:

Debit: prepaid expenses/long-term prepaid expenses

Loan: cash on hand/bank deposits/accounts payable, etc.

Amortization is carried out every month as follows:

Debit: management expenses-renovation expenses

Loan: prepaid expenses/long-term prepaid expenses.