Which statement is correct?

Accumulated Depreciation should always have a debit balance in the adjusted trial balance.

Accumulated Depreciation is added to the long$-$term liabilities on the balance sheet.

Accumulated Depreciation$-$Equipment represents the total cost of equipment that has expired up to the date of the balance sheet.

Accumulated Depreciation is used to reveal the fair value of the related asset on the date of the balance sheet.