A computer set bought for150,000 was disposed of for N45,000 after some years of use….

Accounts - Principles of Accounts WAEC 2020

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 

  • 112,500 checkmark
  • N105,000
  • N97,50o
  • N37,500

The correct answer is: A

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