Payables and Accrued Liabilities Tasks

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    Mark
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    Hi All,

    I’m having some trouble figuring out these two Payable and Accrued Liablities Blueprint tasks:

    “Identify and calculate liabilities arising from exit or disposal activities and determine the timing of recognition in the financial statements”

    “Calculate the liabilities and assets resulting from asset retirement obligations and prepare journal entries”

    Can anyone offer some examples/explanations?

    Thanks

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