From the following information calculate how much amount of depreciation will be shown in the Income and Expenditure A/c for the year 2021-22 :ParticularsAs on 31 March, 2021As on 31 March, 2022FurnitureRs. $1,80,000$ Rs. $1,60,250$ Furniture worth Rs. $8,000$ was sold for Rs. $10,000$ on 1 April, 2021.

Opening balance of Furniture (31 March 2021) = Rs. $1,80,000$.Book value of Furniture sold on 1 April 2021 = Rs. $8,000$.Remaining Furniture = $1,80,000-8,000=$ Rs. $1,72,000$.Closing balance of Furniture (31 March 2022) = Rs. $1,60,250$.Since no new furniture was purchased, the decrease in the value of the remaining furniture is due to depreciation.Depreciation = Remaining Furniture - Closing BalanceDepreciation = $1,72,000-1,60,250=$ Rs. $11,750$.