Crown Emporium Ltd owns two blocks of land in the Central Business District of Sydney. The company acquired these blocks in 2011 to develop office buildings. Block A cost $260,000 and Block B cost $340,000. An independent valuer assessed the two blocks on 30 June 2013, and on 30 June 2015, and provided the following valuations. 2013 valuation $ 2015 valuation $ Block A 240,000 300,000 Block B 360,000 320,000

Required:

(a) Provide the journal entry for the valuation of Block A on 30 June 2013.

(b) Provide the journal entry for the valuation of Block B on 30 June 2013.

(c) Provide the journal entry for the valuation of Block A on 30 June 2015.

(d) Provide the journal entry for the valuation of Block B on 30 June 2015.