With Respect to the 'Accumulated Depreciation' Account, Which of the Following

With respect to the 'Accumulated Depreciation' account, which of the following statements is correct?

A) It appears as a liability in the balance sheet.
B) It reflects that part of an asset's cost that has been expensed.
C) When deducted from an asset's original cost, it reflects what the asset is currently worth.
D) It appears as an expense in the profit and loss statement.
E) None of the above statements are correct.