Question: Required information P8-7 (Algo) Inferring Activities Affecting Fixed Assets from Notes to the Financial Statements and Analyzing the Impact of Depreciation on Cash Flows LO8-5,
Required information P8-7 (Algo) Inferring Activities Affecting Fixed Assets from Notes to the Financial Statements and Analyzing the Impact of Depreciation on Cash Flows LO8-5, 8-7 [The following information applies to the questions displayed below] The following information is summarized from Note 20 of a recent annual report of Andromidas Airlines. Numbers are in millions of Singapore dollars Andromidas Airlines also reported the following cash flow details: P-7 Part 1 Required: . Reconstruct the information in Note 20 using T-eccounts for Fixed Assets and Accumuloted Depreciation: (Enter your onswers in nilitions rounded to 1 decimal place (i,e. 5,500,000 should be entered os 5.5).)
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