define the following depletion/reduction
Answers
Answered by
1
Explanation:
Depletion refers to an accrual accounting method used to determine the expense of extracting natural resources from the earth, such as wood, minerals, and oil. Just like depreciation and amortisation, depletion is a non-cash expense. It incrementally lowers an asset's cost value through scheduled income charges.
Answered by
0
Answer:
depletion: reduction in the number of quantity of something
reduction:the action or fact of making something less in number,degree or size
Similar questions