Im having trouble getting the amortization expense and patents. How do I calculate the differentials? Part C
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Question:
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Im having trouble getting the amortization expense and patents. How do I calculate the differentials?
![image text in transcribed](https://s3.amazonaws.com/si.experts.images/answers/2024/06/665ddf59174c1_057665ddf59131ed.jpg)
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![image text in transcribed](https://s3.amazonaws.com/si.experts.images/answers/2024/06/665ddf59815bb_057665ddf597cfe9.jpg)
Part C question's:
B) Record entry to amortize the excess value reclassification
C) Record the excess value (differential) reclassification entry
![image text in transcribed](https://s3.amazonaws.com/si.experts.images/answers/2024/06/665ddf59c48cf_057665ddf59c040f.jpg)
Having trouble understanding what is the excess value. in order to calculate b and c.
I started by 21,000/10=2100
100,000*20%?
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