good evening
what is depletion??
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Answer:
reduction in the number or quantity of something.
"the depletion of the ozone layer"
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Answer:
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.
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