Accounting entry

Assumed the house was unfurnished :-

On sales

Bank ac---Dr.        Rs. 12,00,000

 to Furniture ac       Rs. 100,000

 to Building ac          Rs. 1100,000

On purchase

Furniture acc    Dr.     Rs. 80,000

  to Bank ac                   Rs. 80,000

Note ; If you have incurred Loss or make gain pass a seprate entry by debiting loss/ crediting gain against furniture credit debit as the case may be