Is the Accumulated Amortization account found on the balance sheet or the income statement? Classify it as a current asset, a current liability, an expense, a fixed asset, a long-term debt, a revenue, or a stockholders’ equity account.

The Accumulated Amortization account is found on the balance sheet. It is classified as a contra-asset account and represents the amount of an asset's cost that has been amortized or depreciated over its useful life. It reduces the carrying value of the asset and reflects the decrease in its value due to regular usage or wear and tear. Therefore, it is not an expense, revenue or liability account, but a deduction from the related fixed asset account. It can be classified as a long-term debt, a current asset or a stockholder's equity account depending on the type of asset being amortized and the classification of the amortization schedule.