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Which statement is correct? a . Accumulated Depreciation is added to the long - term liabilities on the balance sheet. b . Accumulated Depreciation is
Which statement is correct?
a Accumulated Depreciation is added to the longterm liabilities on the balance sheet.
b Accumulated Depreciation is used to reveal the fair value of the related asset on the date of the balance sheet.
c Accumulated Depreciation should always have a debit balance in the adjusted trial balance.
d Accumulated Depreciation Equipment represents the total cost of equipment that has expired up to the date of the balance sheet.
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