WHAT DO YOU MEAN BY BUILDING STANDS IN THE BOOKS AT 5,000

Thumbs-up to Riya for current answer. 
Further, the statement 'Building stands in the books Rs 5,000' implies that the value of the Building appearing in the books of accounts is Rs 5,000 or it can be said that Rs 5,000 is the Book Value of the Building. 

 

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Value of the building according to the books of accounts of the firm
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this means that the current value of building is 5000. it means that the building had been purchased before itself.
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