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متابعة

What is depletion, are shown as _

1) Balance Sheet

2) Profit Loss Account

3) Income Statement

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تم إضافة السؤال من قبل NOUFAL KURIKKAL PARAMBILE , Accountant , Al Emadi Enterprises W L L Doha-Qatar
تاريخ النشر: 2015/05/01
ايمن محمد عاطف محمد
من قبل ايمن محمد عاطف محمد , Director of the control and regulation unit , ACOLID

DEFINITION of 'Depletion'An accrual accounting method that companies use to allocate the cost of extracting natural resources such as timber, minerals and oil from the earth. Depletion is calculated for tax-deduction and bookkeeping purposes. Unlike depreciation and amortization, which mainly describe the deduction of expenses due to the aging of equipment and property, depletion is the actual physical depletion of natural resources by companies.

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