Asia, Buthiana, and Samiya are partners in a firm, sharing profit in the ratio of 3 : 2 : 1. Their Balance Sheet as on March 31, 2006 was as follows:

Assets	Amount
	(OMR.)
Debtors	18,000
Stocks	14,000
Machinery	12,000
Building	28,000

On the date of Balance Sheet Samiya retires from firm. It is agreed to adjust the value of assets as follows:

(a) Provide a reserve of 5% on Sundry Debtors for Doubtful Debts.

(b) Building to be revalued at OMR30,200.

(c) Depreciate Machinery by 10%.

What is the entry to record the provision for doubtful debts in the revaluation account? Debit Revaluation OMR 1,800 Credit Provision for Doubtful Debts OMR 9,000Debit Revaluation OMR 900 Credit Retiring Partners Capital account OMR 900Debit Provision for Doubtful Debts OMR 900 Credit Revaluation OMR 900Debit Revaluation OMR 900 Credit Provision for Doubtful Debts OMR 900

What is the entry to record the revalued amount of Building in the revaluation account? Debit Revaluation OMR 2,200 Credit Buildings OMR 2,200Debit Buildings OMR 2,200 Credit Revaluation OMR 2,200Debit Buildings OMR 30,200 Credit Revaluation OMR 30,200Debit Revaluation OMR 30,200 Credit Buildings OMR 30,200

What is the entry to record the depreciation on Machinery in the revaluation account? Debit Machinery OMR 1,200 Credit Revaluation OMR 1,200Debit Revaluation OMR 1,200 Credit Machinery OMR 1,200Debit Machinery OMR 12,000 Credit Revaluation OMR 12,000Debit Revaluation OMR 12,000 Credit Machinery OMR 12,000