Delhi Youth Club has furniture at a value of Rs. 2,20,000 in its book on 31st March, 2017. It sold old furniture , having book value of Rs. 20,000 as at 1st April, 2017 at a loss of 20% on 31st December, 2017. Furniture is to be depreciated @ 10% p.a. Furniture costing Rs. 1,50,000 was also purchased on 1st October, 2017. Prepare Furniture Account for the year ended 31st March, 2018.
