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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › Reconstruction account
Hi,
“Any balance on the reconstruction account will be used to either write down assets or create a capital reserve.”
Reconstruction account tends to be balanced mostly. So how will a balance arise? And even if it arises what would be the entry?
Thanks for ur time.
Hi,
Don’t waste your time trying to understand reconstructions.
Thanks
Hi, is it because less it is likely to be important matter to the exam? I am having some troubles with recon surplus…
Yes, far too important.