"Provision for doubtful debt is 3000 and Debtor are of Rs 50000. At the time of Revaluation, it was considered that some debtors are doubtful. Hence the provision on debtor is to be created at 10%. What will be the impact on revaluation account in view of the above?"

Revaluation account will be debited by 5000 Revaluation account will be credited by 5000 Revaluation account will be debited by 2000 Revaluation account will be credited by 2000

Revaluation account will be debited by 2000

"New provision = 5000 Old provision = (3000) 2000 debited to revaluation a/c"