Concidering only our internal mental constructs a good case can be made that 'time's passage is accumulated'. But our preceptions of the universe aren't the universe.
In the 'quantum' world of the very small the statement 'time's passage is accumulated' doesn't make sense, because in the quantum world there is no such thing as the 'passage of time', let alone a gain or a loss of such a thing.
In the cosmological world of the very large, with an assumption of a series of oscillating/cyclic sub-universes, I can make a good case that in any given cycle the case is 'as space expands, time contracts'.
The point being that it may be true that 'time's passage is accumulated' only in the minds of bipedal apes.
aguy2
Ps. There apparently aren't any such critters as "memory cells".