If a mining company extracts 1580000 tonnes in a period but only sells 1190000 tonnes,...
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Accounting
If a mining company extracts tonnes in a period but only sells tonnes, depletion included in cost of goods sold is based on the tonnes extracted. a separate accumulated depletion account is set up to record depletion on the tonnes extracted but not sold. accumulated depletion on the mine is based on the tonnes. depletion included in cost of goods sold is based on the tonnes extracted and sold. 
If a mining company extracts tonnes in a period but only sells tonnes,
depletion included in cost of goods sold is based on the tonnes extracted.
a separate accumulated depletion account is set up to record depletion on the tonnes extracted but not sold.
accumulated depletion on the mine is based on the tonnes.
depletion included in cost of goods sold is based on the tonnes extracted and sold.
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