Depletion (accounting)
id:
depletion-accounting-243-4087218
title:
Depletion (accounting)
text:
Depletion is an accounting and tax concept used most often in the mining, timber, and petroleum industries. It is similar to depreciation in that it is a cost recovery system for accounting and tax reporting: "The depletion deduction" allows an owner or operator to account for the reduction of a product's reserves.
brand slug:
wiki
category slug:
encyclopedia
description:
Reduction of the quantity of natural resources
original url:
https://en.wikipedia.org/wiki/Depletion_(accounting)
date created:
date modified:
2022-10-08T15:12:27Z
main entity:
{"identifier":"Q5260663","url":"https://www.wikidata.org/entity/Q5260663"}
image:
fields total:
13
integrity:
14