Accounting Dictionary

Depletion Expense

Depletion is units of output depreciation of natural resources.

Even though it is computed the same as units of output depreciation, we never call it that. We call it depletion. We use it on natural resources like minerals, timber, oil, and gas.

Sign Up to Learn More!

Join our mailing list today to get notified of new discount offers, course updates, Roger CPA Review news, and more!

Scroll to Top