Q512
The cost of a machine having a span of life 5 years is Rs. 10,000. It has a scrap value of Rs. 1,000. The amount of depreciation in the first year under the sum of year's digit method will be:
A.
Rs. 1,600
B.
Rs. 1,800
C.
Rs. 2,500
D.
Rs. 3,000
AnswerAnswer: Option D
Solution
Answer: Option D
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