A company has purchased an asset by investing Rs. 30,000. The useful life of the asset is 5 years and it has no salvage value at the end of its useful life. The depreciation cost (in Rs.) for the 2nd year using sum-of-years-digit (SYD) method is

A company has purchased an asset by investing Rs. 30,000. The useful l

1.	A company has purchased an asset by investing Rs. 30,000. The useful life of the asset is 5 years and it has no salvage value at the end of its useful life. The depreciation cost (in Rs.) for the 2nd year using sum-of-years-digit (SYD) method is
A.	10,000
B.	8,000
C.	6,000
D.	4,000
Answer» C. 6,000

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A company has purchased an asset by investing Rs. 30,000. The useful life of the asset is 5 years and it has no salvage value at the end of its useful life. The depreciation cost (in Rs.) for the 2nd year using sum-of-years-digit (SYD) method is

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