Revenue Cost of sales Distribution costs Administrative costs Investment income Freehold land (revaluation) Building (revaluation) Machineries (cost) Motor vehicles (cost) Intangible asset Investment properties Investment Accumulated depreciation as at 1 July 2020: - Building Machineries Motor vehicles Ordinary shares 4% redeemable preference shares 5% non-cumulative preference shares Retained profit Revaluation reserves 2% convertible debentures Defined benefits asset as at 1 July 2020 Tax paid Interim dividend - 5% non-cumulative preference shares Inventories Bank Account receivables Deferred tax Accruals Account payables A) Prepare journal entry; 1. Below are details on building as at 1 July 2020: Revalued amount Particular Building in Selangor Debit Credit RM'000 RM'000 35,500 6,500 950 1,300 120 55,000 60,000 78,900 63,700 250 500 432 10,000 3,500 2,540 45,000 500 12,000 191,142.5 1,280 11,500 650 312.3 250 983 44,135 633.2 369.5 321 722.5 314,495.5 314,495.5 (RM) Accumulated depreciation (RM) 20,000,000 2,000,000 Revaluation reserve (RM) 380,000