A Family of Products. EMUAID First Aid Ointment is the homeopathic formula that started it all. The ointment is applied topically and combines rare growth-factor stimulators with natural healing ingredients. Used as directed, it delivers immediate, soothing relief from painful skin irritation and reduces inflammation.
Home > Financial Accounting > Non-Current Assets > Depletion Expense. Depletion is an accounting concept which is similar to depreciation but it is mostly used in timber, mining and mineral oil extraction industries to refer to the gradual exhaustion of natural resource deposits such as coal mines, oil fields, etc.
Depreciation expense records the value of depreciation that has been moved from the balance sheet and onto the income statement during the period. When fixed assets depreciate, a journal entry is made to credit, or increase, the amount of accumulated depreciation associated with the fixed asset. Simultaneously, an equivalent debit is made to increase the amount of depreciation expense for the period.