Asset Retirement Obligation, Accretion Expense. Amount of accretion expense recognized in the income statement during the period that is associated with asset retirement obligations. Accretion expense measures and incorporates changes due to the passage of time into the carrying amount of the liability.
Photo Credit Eising/Photodisc/Getty Images. Potassium is a metallic element, but it's most commonly found as part of a salt compound, rather than as a metal. Potassium, like many other metals, is a mineral that your cells need to function properly. The potassium in your body is completely in salt form, rather than in metallic form.
Potassium nitrate is a chemical compound with the chemical formula K N O 3. It is an ionic salt of potassium ions K + and nitrate ions NO 3 â .It occurs as a mineral niter and is a natural solid source of nitrogen. Potassium nitrate is one of several nitrogen-containing compounds collectively referred to as saltpeter or saltpetre.Major uses of potassium nitrate are in fertilizers, tree stump removal, rocket propellants and fireworks.It is one of the major constituents of gunpowder (blackpowder) and has been used since the Middle Ages as a food preservative.ajor uses of potassium nitrate are in fertilizers, tree stump removal, rocket propellants and fireworks. It is one of the major constituents of gunpowder (blackpowder) and has been used since the Middle Ages as a food preservative.