On 1 January 2024, the date that X Ltd acquired an 80% interest in Y Ltd, land with a carrying value of R500 000 in Y Ltd's books was found to have a fair value of R800 000. Y Ltd remeasured (revalued) the land in its accounting records on 1 January 2024. What is the pro-forma journal that would need to be proccesed at acquisition to account for the above information? You may ignore tax implications. Question 2Select one: a. Debit Land R300 000 Credit Equity at Acquisition R300 000 b. Debit Equity at Acquisition R300 000 Credit Land R300 000 c. Debit Land R800 000 Credit Equity at Acquisition R800 000 d. None of the above