What is the journal entry for recording increasing in value of assets Options: A . &nbsp Asset A/c Dr To Realisation A/c B . &nbsp Asset A/c Dr To Revaluation A/c C . &nbsp Revaluation A/c Dr To Asset A/c D . &nbsp None of these

What is the journal entry for recording increasing in value of assets

Question

What is the journal entry for recording increasing in value of assets

Options:

A . Asset A/c Dr
To Realisation A/c

B . Asset A/c Dr
To Revaluation A/c

C . Revaluation A/c Dr
To Asset A/c

D . None of these

Answer: Option B
:
B

The journal entry is going to be
Asset A/c Dr
To Revaluation A/c

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