A Machine Purchased by White Plc Had a Cost of €670

A machine purchased by White Plc had a cost of €670 000 and an accumulated depreciation balance of €120 000 at 30 June 2012.Its fair value is assessed at this time,with its first revaluation as €450 000.What is/are the appropriate journal entry(ies) to record the revaluation using the net method?

A) $$\begin{array} { | l | l | l | l | } \hline \text { Dr } & \text { Accumulated depreciation —machine } & 120000 & \\\hline \mathrm { Cr } & \text { Machine } & & 120000 \\\hline & & & \\\hline \mathrm { Dr } & \text { Asset revaluation reserve } & 100000 & \\\hline \mathrm { Cr } & \text { Machine } & & 100000 \\\hline\end{array}$$
B) $$\begin{array} { | l | l | l | l | } \hline \text { Dr } & \text { Loss on revaluation of machine } & 220000 & \\\hline \mathrm { Cr } & \text { Machine } & & 220000 \\\hline\end{array}$$
C) $\begin{array}{|c|l|c|c|}\hline \mathrm{Dr} & \text { Accumulated depreciation-machine } & 120000 & \\\hline \mathrm{Cr} & \text { Machine } & & 120000 \\\hline & & & \\\hline \mathrm{Dr} & \text { Asset revaluation reserve } & 100000 & \\\hline \mathrm{Cr} & \text { Accumulated depreciation-machine } & & 100000 \\\hline\end{array}$
D) $\begin{array}{|c|l|c|c|}\hline \mathrm{Dr} & \text { Accumulated depreciation-machine } & 120000 & \\\hline \mathrm{Cr} & \text { Machine } & & 120000 \\\hline & & & \\\hline \mathrm{Dr} & \text { Loss on revaluation of machine } & 100000 & \\\hline \mathrm{Cr} & \text { Machine } & & 100000 \\\hline\end{array}$