Vidyalelo
Commerce · Q1885

Accounting

Graduate and Post Graduate · Commerce · question 1885

Q1885

Cost, salvage and useful life of an asset are Rs. 10,000, Rs. 1,000 and 3 years respectively. The amount of depreciation as per sum of the years digit method for the first year will be

A.
Rs. 5,000
B.
Rs. 4,500
Answer
C.
Rs. 3,333
D.
Rs. 3,000

Answer: Option B

Solution

Answer: Option B
No explanation is given for this question Let's Discuss on Board