Mario Cars Pte Ltd has the following ledger balances as at 30 April 20X3: Office Furniture $270,000
Accumulated Depreciation - Office Furniture 125,000

On 1 July 20X3, the company purchased a set of furniture for $77,000 from Furniture Store and payment was made by cheque.

The company's depreciation policy for office furniture is to provide 20% per annum based on cost. It is the company's policy to provide a full year's depreciation in the year of purchase.

Required:
(a) Prepare the following ledgers for the year ended 30 April 20X4:
i. Office Furniture account.
ii. Accumulated Depreciation - Office Furniture account.​