Please solve these adjustments by preparing revaluation a/c,balance sheet and realisation a/c.
Given:
​Debtors 6500
Provision for doubtful debts 500.
Capitals
A 6000
B 4000

​K. Debtors Rs. 9500 (because of doubtful debts)
​L. Debtors amounted Rs. 3000 is to be written off as bad and provision of 10% is created against doubtful debts on the remaining amount.
M. A provision for doubtful debts is to be treated @ 5% on Sundry Debtors.
N. Provision for Doubtful Debts is to be maintained at Rs. 4000.
​O. Bad Debts amounted Rs. 1500 will be written off.
P. Provision for Bad Debts was found in excess by Rs. 400.
​Q. Bad Debts amounted to be Rs. 3000.
​R. Provision for Doubtful Debts is to be reduced by Rs. 2000.
S. Provision for Doubtful Debts is to be reduced to Rs. 100.
T. Provision for Doubtful Debts is to be made equal to 5% of the debtors.
U. All Debtors are good.
​W. Debtors of Rs. 2000 will be written off as bad debts and provision of 5% on debtors for bad and doubtful debts will be maintained.
X. The provision for bad debts is no longer necessary.
​Y. Debtors was realised at a discount of 5%.
Z. A provision of 2.5% for bad debts was to be created.

Prepare Revaluation A/C and Balance Sheet.