Accumulated depreciation at the time of disposal was

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A computer set bought for150,000 was disposed of for N45,000 after some years of use. The profit on disposal was 7,500. Accumulated depreciation at the time of disposal was

A. N112,500
B. N105,000
C. N97,50o
D. N37,500

Correct Answer:

Option A – N112,500

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