Which of the below is the expense of depreciation?
A. DepletionB. AmortizationC. Asset purchaseD. A and B Both Brief facts about this MCQs: Depletion and amortization are depreciation expenses. Depletion is an accounting concept used most often in the mining, timber, and petroleum industries. It is similar to depreciation. The depletion deduction allows an owner or operator to account for the reduction in the … Read more