Accumulated Depletion
Barron's Business Dictionary:
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Accumulated Depletion
Accumulating contra - asset account for a depletable asset, such as a mine. The balance in this account is subtracted from the asset account when shown on the balance sheet, giving rise to the term contra-asset.
| Accumulated Benefit Obligation (ABO), Accrued Taxes, Accrued Liabilities | |
| Accumulated Depreciation, Accumulated Dividend, Accumulated Earnings (Profits) Tax |
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Barron's Business Dictionary
Dictionary of Business Terms. Copyright © 2007 by Barron's Educational Series, Inc. All rights reserved.
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