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    I need to know if a computer that cost 1067.00 should go under fixed assets and use a depreciation schedule or if it would be better to just deduct the cost for a sole proprietor and how the tax lines should be assigned in the chart of accounts.

    © BrainMass Inc. brainmass.com March 4, 2021, 8:33 pm ad1c9bdddf
    https://brainmass.com/business/accounting/depreciation-fixed-assets-175916

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    Dear Student,

    The computer should be booked under fixed Assets and depreciation ...

    Solution Summary

    The expert examines depreciation fixed assets. Sole proprietor deductions are determined.

    $2.49

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