Arbitrary Inc has a fixed asset threshold of $2,500 per item. They purchase 5 computers...
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Accounting
Arbitrary Inc has a fixed asset threshold of $2,500 per item. They purchase 5 computers for $10,000. How should that purchase be treated? *
Add 5 computers to the fixed asset account for $2,000 each and depreciate over their life
Add 4 computers to the fixed asset account for $2,500 each and depreciate over the estimated life
Add 1 item to the fixed asset for $10,000 and depreciate over the estimated life
Fully expensed at the time of the purchase
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