Which statement is correct?
a. accumulated depreciation is used to reveal the value of the related asset on the date of the balance sheet.
b. accumulated depreciation, equipment represents the total cost of equipment that has expired up to the date of the balance sheet.
c. accumulated depreciation is reported on the income adjustment.
d. accumulated depreciation is added to the long-term liabilities on the balance sheet.

As a result of a labeling mistake at the chemical factory, a farmer accidentally sprays weedkiller rather than fertilizer on half her land. as a result, she loses half of her productive farmland. if the property of diminishing returns applies to all factors of production, she should expect to seea. a decrease in the marginal productivity of her remaining land and an increase in the marginal productivity of her labor. b. an increase in the marginal productivity of her remaining land and an increase in the marginal productivity of her labor. c. an increase in the marginal productivity of her remaining land and a decrease in the marginal productivity of her labor. d. a decrease in the marginal productivity of her remaining land and a decrease in the marginal productivity of her labor.