Start learning →

The decline in the value of natural resources such as mines and oil wells is specifically called:

Adepletion
Bamortisation
Cappreciation
Dobsolescence
Answer & Solution
Correct answer: A. depletion
Depletion is the fall in value of natural resources like mines.
Practise this question with Quill — AP Intermediate 1st Year →

Keep practising Financial Statements of Sole Proprietorship

Browse all Financial Statements of Sole Proprietorship questions for AP Intermediate 1st Year, or explore more Accountancy topics.

Start a Financial Statements of Sole Proprietorship lesson →