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
C. Rs. 3,333
D. Rs. 3,000
Answer: Option B
This Question Belongs to Commerce >> Accounting
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