Which of the following statements about the Accumulated Depreciation account are true? (You may select more than one answer.)

A. This contra-account is subtracted when determining total assets on the balance sheet. checked

B. It is a balance sheet account. checked

C. It is an income statement account. checked

D. Its balance increases each year. unanswered

E. It includes the depreciation of only the current accounting year. unanswered

F. Its balance decreases each year. unanswered