What will be the revaluation entry for these - out of insurance which was debited to profit and - Accountancy - Reconstitution- Retirement/Death of a Partner

Question

What will be the revaluation entry for these ??- out of insurance
which was debited to profit and loss account , rs 1000 to be
carried forward as unexpired insurance - reserve for legal charges
to be made at rs 300

Pranjal · Answer

unexpired insurance account dr 1000
to revaluation account 1000

revaluation account dr 300
to reserve for legal charges account 300

What will be the revaluation entry for these ??- out of insurance which was debited to profit and loss account , rs 1000 to be carried forward as unexpired insurance..- reserve for legal charges to be made at rs 300