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a debtor whose dues of Rs 500 was written off as bad debt paid rs 400 in full settlement

what will be its effect in revaluation account

credit revaluation "bad debts recovered 400"
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what will its second effect in any other account such as debtors ,cash or bad debt provision
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500 due from dhariwala written off as bad
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Hiii
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Cash will increase by 400
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Bank a/c...dr 400 To revaluation a/c 400
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Adjustments no.4 of admission of partner

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A debtor whose debt of 90000 has written off as bad paid 88000 in full settlement
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A debtor whose dues Of rupees 500 was written off as bad debts paid rupees 400 in full settlement

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'Bad debt written off' was previously done thus no entry is needed for this. But, bad debt recovery is an income of firm so the entry will be --(1)cash/ bank a/c Dr. To bad debt recovery. (2) Bad debt recovery A/c Dr. To Revaluation
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A debtors whose dues of 500 was written off as bad debts paid 400 in full settlement
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In revaluation credit credit the amount rs.4000 by the name bad debt recovery account And yes it will definately have an effect in the balance sheet that is bank balance will increase by amount rs.4000
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In revaluation credit credit the amount rs.400 by the name bad debt recovery account And yes it will definately have an effect in the balance sheet that is bank balance will increase by amount rs.400.
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