S7-6. (Learning Objective 4: Computing depreciation by three methodsthird year only) Use the AirAsia data in Short

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S7-6. (Learning Objective 4: Computing depreciation by three methods—third year only) Use the AirAsia data in Short Exercise 7-5 to compute AirAsia’s third-year depreciation on the plane using the following methods:

a. Straight-line

b. Units-of-production

c. Double-declining-balance

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Financial Accounting International Financial Reporting Standards Global Edition

ISBN: 9781292211145

11th Edition

Authors: Charles T. Horngren, C. William Thomas, Wendy M. Tietz, Themin Suwardy, Walter T. Harrison

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