Start networking and exchanging professional insights

Register now or log in to join your professional community.

Follow

Difference between Depreciation & Depletion?

user-image
Question added by Vijayabharathi Kalyanasundaram (ACMA - INDIA) , Finance Analyst , shell
Date Posted: 2015/06/30
Eric OSEI
by Eric OSEI , teacher , bankoman secondary school

Depreciation is the part of the cost of the fixed asset consumed during it's period of use by the firms whilst Depletion is other asset that are of wasting character, perhaps due to the extraction of raw materials from them. These raw materials are then either used by the firm to make something else or are sold in their raw state to other firms.

More Questions Like This

Do you need help in adding the right keywords to your CV? Let our CV writing experts help you.