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
Answer: Option D
This Question Belongs to Commerce >> Accounting
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