BPCS Account Problems -- BPCS-L

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Reconciling Accrued Liability

Among what has already been written as a response to this inquiry, remember
that if you re-value inventory you will need to re-value your accrued
liability account because the inventory receipt will post at the cost in
affect at the time of the receipt and the accrued liability account will be
relieved at the cost in affect at the time of invoice entry.

Mark Seaton
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