Question

Excess of credit side over debit side of revaluation account. Answer in a word / phrase / term.

Answer 1

Credit balance  

Excess of credit side means that the liabilities and shareholder's  equities increase on the accounting equation whereas decrease of debit side means decrease in assets . Like this the accounting equation i.e. (A= L+ SE) . If credit side increases the debit side must be decreased to balance the equation or vice versa.