Which of the following items will be recorded in Revaluation A/c.

(A) Capital brought in by New partner
(B) Plant is to depreciated by 20%
(C) ₹ 60,000 brought in by new Partner for Goodwill
(D) Stock overvalued by ₹ 5,000
(E) Unrecorded creditors to the extent of ₹ 1,500

Choose the correct answer from the options given below:

(B), (D) and (E) Only

The correct answer is Option (4) - (B), (D) and (E) Only.

(A) Capital brought in by New partner- Capital increase the bank balance and capital balance of the partner capital account. There is no effect of this transaction on the revaluation account.

(B) Plant is to depreciated by 20%- Plant value is reduced by 20%. Reduced value is debited to revaluation account.

(C) ₹ 60,000 brought in by new Partner for Goodwill- This transaction makes Increase in the bank balance and goodwill account. So, there is no effect of this transaction on revaluation account.

(D) Stock overvalued by ₹ 5,000- Stock overvalue is shown in the revaluation account with the amount of overvalue.

(E) Unrecorded creditors to the extent of ₹ 1,500-  Unrecorded creditors means increase in the liability of the firm which is shown on the debit side of revaluation account.