The fixed assets balances of 2007 at cost were carried forward and entered on schedule 8, which calculated amortization as if the assets were purchased in 2008. Having entered the cost and accumulated amortization on Schedule 100, these differed from what was on schedule 8.
The carried forward numbers increased the amortization, which were already calculated using the declining balance method over the years. How, can I resolve this discrepancy? Doesn’t it matter if the summary on schedule 8 does not tally with the amounts already entered on schedule 100 for amortization and cost?