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Which statement relating to the Accumulated Depreciation account is correct? Select one: a.It is classified as a liability in the balance sheet b.It reflects the

Which statement relating to the Accumulated Depreciation account is correct?

Select one:

a.It is classified as a liability in the balance sheet

b.It reflects the portion of the cost of the asset that has been assigned as an expense since purchase

c.It normally has a debit balance

d.It provides information on the market value of the asset

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