Question

can we show unrecorded Assets at the time of admission or retirement in new balance sheet??​

Answer 1

yes , we can show unrecorded assets can be showed at the time of admission  or retirement by debiting or crediting in revaluation account .

Treatment

To show record unrecorded asset item it should be recorded in debit side of revaluation account

journal entry

Revaluation A/c

      To Unrecorded asset A/c