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Author Question: Which of the following is NOT true regarding depletion? (Read 47 times)

jilianpiloj

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on: Feb 18, 2020
Which of the following is NOT true regarding depletion?
◦ Depletion is an expense that applies to the natural resources in the same way depreciation applies to fixed assets.
◦ Depletion is an expense that applies to natural resources in the same way amortization applies to intangible assets.
◦ Depletion is the systematic reduction of a natural resource's carrying value on the books.
◦ Depletion is computed in a similar manner to straight-line depreciation.
Financial Accounting ¦ Kemp, Waybright ¦ 5th Edition
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Marked as best answer by jilianpiloj on Feb 18, 2020

abctaiwan

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Reply #1 on: Feb 18, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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jilianpiloj

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Reply 2 on: Feb 18, 2020
YES! Correct, THANKS for helping me on my review

xiaomengxian

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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