Depletion

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Summary

What is Depletion? Meaning.

Depletion is an accounting treatment to deal with the reduction in the value of natural, non-renewable resources due to gradually "using up" the natural resource. Example of such natural resources include oil, gas, coal, gold, other minerals and timber.


The recording of depletion is a bookkeeping entry similar to depreciation and does not involve the expenditure of cash. As a non-cash expense it is deducted from revenues and thus lowers net income.


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Depletion Special Interest Group.



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🔥 NEW Smartphones are a Dangerous Source of Human Ego Depletion
Smartphones have become an important tool that provides people with access to communication networks and online information at any time of the day. The advantages of having a smartphone are clear. At ...
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Quotes on Depletion of Resources. Quotations
Hi, do you know of a remarkable, humorous quote by a famous person or a proverb related to depletion of (natural) resources?
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Compare with: Depreciation  |  Amortization  |  Factor Endowments

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