Accounting

A  B  C  D  E  F  G  H  I  J  K  L  M  N  O  P  Q  R  S  T  U  V  W  X  Y  Z

  Dictionary  »  Letter D  »  depletion expense

depletion expense

Amount of depletion charged to expense on the income statement for the period indicated in its heading. The amount is also credited to the contra asset account Accumulated Depletion.


» For more clarity on this term: 

  ← Go Back






Join our Newsletter

Accounting Cheat Sheet

Receive our free 19-page accounting cheat sheet. Plus, stay up to date with the latest questions answered.