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Question 10 10 points Save Answer KiddsStuph plc own a plot of Land which it bought 10 years ago for 700,000. The company has now decided to change its accounting policy relating to land to the revaluation model and has therefore had this land independently valued. The valuation is now 820,000. What is the journal entry to record this valuation? O DR Land 120,000 and CR Provision for Impairment (Land) 120,000 O DR Revaluation reserve 120,000 and CR Land 120,000 DR Land 120,000 and CR Revaluation reserve 120,000 O DR Revaluation reserve 120,000 and CR Gain on land revaluation 120,000 O DR Land 820,000 and CR Revaluation reserve 820,000