Magma is a mixture of molten and semi-molten rock found below Earth's surface. Most magma consists of four types of materials: liquid rock, crystallized minerals, solid pieces of rock, and dissolved gases. When magma escapes through a volcano onto Earth's surface, scientists call it lava.
Download the Accretion of Duties Form (PDF, 8K) An accretion of duties is a promotion resulting from the upgrading of an employee's position because of additional duties and responsibilities. Jobs change and evolve for many reasons.
Accretion expenses are generally offset against increases in the liability account, allowing the company to fully amortize the cost of the asset retirement in advance of the requirement for those funds. The same principle is applied to financial instruments conveying a future financial obligation.