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Which of the following is a chracteristic of accumulated depreciation Accumulated depreciation is added to the asset amount on the blamce sheet Accumulated depreciation represents

Which of the following is a chracteristic of accumulated depreciation

Accumulated depreciation is added to the asset amount on the blamce sheet

Accumulated depreciation represents cash reserved for asset replacment

Accumulated deprecition is reported on the blance sheet as a deduction from the cost of the asset to reach the book value

Accumuoated deprecition is a libility account

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