X Bb Take Test: 202060 Mid-term test x PowerPoint Presentation x Search Results | Course Hero X + .edu.au/webapps/assessment/take/take.jsp?course_assessment_id=_85045_1&course_id=_46865_1&content_id=_3862602_1&question_num_14.x=0&toggle_state=qShow&step=null Remaining Time: 17 minutes, 14 seconds. QUESTION COMPLETION STATUS: The following details are extracted from Kenny Ltd's statement of financial position as at 30 June 2020: $ Buildings 180,000 Less accumulated depreciation 80,000 100,000 On 1 July 2020 the director of Kenny Ltd decided to revalue the buildings to a fair value of $110,000. The general journal entry to record the revaluation inclu the following: O Dr. Gain on revaluation $10,000; Cr. Buildings $10,000 O Dr. Accumulated depreciation buildings $100,000; Cr. Gain on revaluation $10,000, Cr. Buildings 90,000 O Dr. Accumulated depreciation buildings $80 000