The [depletion / depreciation] of a wasting asset is similar to the [depletion / depreciation] of a

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The [depletion / depreciation] of a wasting asset is similar to the

[depletion / depreciation] of a PPE asset. However, in accounting for depletion , the asset account is reduced directly. Therefore, an accumulated depletion account [is / is not] ordinarily used.

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Essentials Of Accounting

ISBN: 9780273771463

11th International Edition

Authors: Leslie K. Breitner

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