How is Provision for doubtful debts in the Revaluation account 9000?
Regards

Dear Student,
 Provision for doubtful debts in the Revaluation account 9000 will be calculated as :-
 
Old Provision for doubtful debts 20000
Less : New Extra Provision for doubtful debts:-
260000-20000 = 220000 x 5% 
11000
   
Loss on Revaluation  9000
   

Regards

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