which of the following statements about the accumulated depreciation account are true? (you may select more than one answer. single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. any boxes left with a question mark will be automatically graded as incorrect.) check all that apply this contra-account is subtracted when determining total assets on the balance sheet.unanswered it is a balance sheet account.unanswered it is an income statement account.unanswered its balance increases each year.unanswered it includes the depreciation of only the current accounting year.unanswered its balance decreases each year.