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 (...) 8 1 comments

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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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