Define depletion. What is the most commonly used method of computing depletion?

Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter7: Fixed Assets, Natural Resources, And Intangible Assets
Section: Chapter Questions
Problem 14CDQ
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Define depletion. What is the most commonly used method of computing depletion?

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