Question

how will i write this in revaluation account point 2 and 3

Answer 1

2) debtors will be increased by 5,000 means entry would be-

Debtors a/c dr. 5,000

To revaluation a/c 5,000

3) Revaluation a/c dr.

To furniture a/c

amt. will be 10% of given furniture

For PBD the amt. of debtors is required from b/s than less 5,000 from that amt. than create 5% of provision. If old provision is there than difference new n old provision n than write the amt.