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Reconstruction account

Rrihaam8y ago
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.
P2-D2P2-D2Tutor8y ago#1
Hi, Don't waste your time trying to understand reconstructions. Thanks
DDan7y ago#2
Hi, is it because less it is likely to be important matter to the exam? I am having some troubles with recon surplus...
P2-D2P2-D2Tutor7y ago#3
Yes, far too important.
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