ACC 304 All Assignments ACC 304 All Assignments | Page 211

a. Copyrights
b. Customer lists
c. Perpetual franchises
d. All of these intangible assets should be amortized.
38.
When a patent is amortized, the credit is usually made to
a. the Patent account.
b. an Accumulated Amortization account.
c. a Deferred Credit account.
d. an expense account.