Question

what do u mean by all debtors are good in revaluation account adjustment

Answer 1

Hey! Debtors are all good means that there is no bad debts occurred. All money was received from debtors so now we don't need for the provision for doubtful debts so the provision for doubtful debts is posted on the credit side of the revaluation A/c and simply do what you do with the revaluation Means distribute the profit or loss calculated... N remember to do not show the provision for doubtful debts again in the new balance sheet coz all the money was received from debtors...
HOPE THIS WILL HELP YOU SOMEHOW!!