1.11) All of the following may be considered intangible assets except: Accounts receivable Copyrights. C Franchises. c Goodwill 2.1)) The entry to record amortization on a copyright would include: C A debit to amortization expense C A debit to accumulated amortization C A debit to copyright C A credit to amortization expense 3. (1) Capital expenditures are recorded as: An expense. An asset C A liability C Income. 4. (1) Revenue expenditures are recorded as: An expense. C An asset C A liability C Income. 5.11) If a bond is selling at 103, it is selling at: Maturity value and yields a 2% interest rate. A discount CA premium C $103 per bond. 6.1) Unearned revenue: Appears on the income statement as income. Appears on the income statement as a reduction to income. C Appears on the income statement as a liability C Appears on the balance sheet as a liability