Q524
The estimated life of a machine costing Rs. 9,00,000 is 9 years. The firm follows the 'Sum of Year Digit' Method of depreciation. The amount of depreciation provision on the machine in the sixth year of its life will be:
A.
Rs. 40,000
B.
Rs. 60,000
C.
Rs. 80,000
AnswerD.
Rs. 90,000
Answer: Option C
Solution
Answer: Option C
No explanation is given for this question Let's Discuss on Board