Accumulated Depletion

Business, Legal & Accounting Glossary

Definition: Accumulated Depletion


Accumulated Depletion


Full Definition of Accumulated Depletion


An accumulating contra-asset account for an asset that is depletable, such as a mine. The balance in this account will be subtracted from the asset account when it is shown on the balance sheet, thus giving rise to the term contra-asset.


Cite Term


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https://payrollheaven.com/define/accumulated-depletion/
Modern Language Association (MLA):
Accumulated Depletion. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
December 02, 2021 https://payrollheaven.com/define/accumulated-depletion/.
Chicago Manual of Style (CMS):
Accumulated Depletion. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/accumulated-depletion/ (accessed: December 02, 2021).
American Psychological Association (APA):
Accumulated Depletion. PayrollHeaven.com. Retrieved December 02, 2021
, from PayrollHeaven.com website: https://payrollheaven.com/define/accumulated-depletion/

Definition Sources


Definitions for Accumulated Depletion are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 2 Views.