Internal reconstruction query

No Hard & Fast Rule or situation that it should be only Debit or only Credit, It can be either ways.

It depends on whetehr you are getting surplus / Benifit on Your Reconstruction Activity ( i.e Entire deficit being wiped Off ) or still in Deficit ( Just Reduction of Deficit & Left with something ) You have to Trf the Dr Bal of P & L Account in B/sheet Given to Dr of Reconstruction Account 

No Hard & Fast Rule or situation that it should be only Debit or only Credit, It can be either ways.

It depends on whetehr you are getting surplus / Benifit on Your Reconstruction Activity ( i.e Entire deficit being wiped Off ) or still in Deficit ( Just Reduction of Deficit & Left with something ) You have to Trf the Dr Bal of P & L Account in B/sheet Given to Dr of Reconstruction Account 

it not an hard and fast rule dear.. depends on the situation and on the question

No Hard & Fast Rule or situation that it should be only Debit or only Credit, It can be either ways.

It depends on whetehr you are getting surplus / Benifit on Your Reconstruction Activity ( i.e Entire deficit being wiped Off ) or still in Deficit ( Just Reduction of Deficit & Left with something ) You have to Trf the Dr Bal of P & L Account in B/sheet Given to Dr of Reconstruction Account 

Reduce it from Operating Profit & Take Entire Reciepts at Actuals from Sale of FA to Cash from Investing Activities