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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🔥 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 informat (...)
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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) resour (...)
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Compare with: Depreciation  |  Amortization  |  Factor Endowments

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