Question

Sold goods to krishna costing 10000 for 16000

Answer 1

Krishna A/C   Dr   Rs.16,000

 To Sales A/C   Rs.16,000

(being goods sold to Krishna)

Answer 2

Journal entry

Explanation:

                                    Books of (----Ltd)

                                       Journal entry

Date      Account title and explanation               Debit      Credit

             Krishna        A/C   Dr                             16,000

                To Sales        A/C                                                16,000

                     (Being goods sold to Krishna with profit)