Revised as 10 doubt

here company has to consider revised value for land and building separately out of 3Crores.

if we are taking example of 50% is for land and balance is for buildings.

Land: (if first time revaluation Profit on Uowards Revaluation is credited to Capital reserve a/c)

Land A/c               Dr.     1,10,02,780

      To Capital reserve                                1,10,02,780

Buildings:

Buildings A/c        Dr.        63,39,615

       To Profit and loss a/c                             28,87,320  (Amount of Depreciation considered upto now)

        To Capital Reserve A/c                        32,52,295