7. In the entry to amortize the excess of the fair value over the book value of assets and liabilities three years after acquisition we a. Debit Depreciation Expense - Buildings by the amount of depreciation from the date of acquisition till the end of the current year b. Credit Accumulated Depreciation - Buildings by the amount of depreciation for the current year only. Debit Patent Amortization Expense by the amount of amortization for the current year only. All of these statements are correct. c. d