In the revaluation account a decrease in the value of plant and machinery ........

General Accounting Principles Partnership

In the revaluation account a decrease in the value of plant and machinery:

Appears on the credit side.

Appears on the debit side.

Appears on the debit side of good will account

Does not appear at all

A decrease in the value of assets and increase in its liabilities is debited because it is a loss,

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Credit what goes out..so asset decreased hence credited..

NIHARIKA WALIA

revaluation account is a nominal account where expenses & losses will be debited and incomes & gains will be credited

Wrong answer I guess..