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The cost of a machine having a span of life 5...

This question belongs to Commerce Accounting
Accounting
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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:

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Correct Answer: Option D
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Mostafizur Rahaman
Mostafizur Rahaman 2 years ago
5/15 * 9000
(remaining useful life/SYM * depreciable cost)
remaining use ful life = 5 years
SYM = n(n+1)/2
depreciable cost (10000-1000)
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