What does this statement-DEBTORS ARE ALL GOOD" means What adjustments should be done about this statement in revaluation account as - Accountancy - Reconstitution- Admission of a Partner

Question

What does this statement-DEBTORS ARE ALL GOOD" means?What
adjustments should be done about this statement in revaluation
account as well as in balance sheet?Given that debtors=19000 with
(less) provision for doubtful debts=2000

Shiyal Malik · Accepted Answer

the provision for doubtful debts will be credited in the
revaluation a/c (2000)

What does this statement-DEBTORS ARE ALL GOOD" means?What adjustments should be done about this statement in revaluation account as well as in balance sheet?Given that debtors=19000 with (less) provision for doubtful debts=2000.