Examlex
_________is used to try to interpret handwritten and printed texts not originally designed for source data entry.
Depletion
Depletion is an accounting method used to allocate the cost of extracting natural resources such as minerals, oil, and gas from the earth over the period they are consumed.
Straight-Line Method
A method of calculating depreciation of an asset, which spreads the cost evenly across its useful life.
Units-of-Activity Method
A depreciation method that allocates costs based on the actual usage or output of the asset rather than time.
Depletion Cost
The allocation of the cost of natural resources, such as minerals or oil, over the period they are extracted and sold.
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