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HOSTING A TOTAL OF 318 FORMULAS WITH CALCULATORS

Kilometer Method Of Depreciation

This method is used in those assets whose depreciation depends on this fact that how many kilometer have those assets been used,for e,g.as truck,bus and motor-car etc.

when depreciation of one kilometer is found out,it is multiplied by the number of kilometer the asset has runned during the current accounting year for which vehicle has been used and thus depreciation of one year is found out.

o/e

Here,o=original cost of asset,e=estimated life of vehicle in kilometer

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