Sale of furniture worth 10000 with a profit margin of 10%.?

Cash/Bank/Bills Receivable A/C 11000 

To Furniture A/C 11000

This records sale of furniture in case it is a fixed asset.

If it was intended for sale purpose then

Bills Receivable A/C DR 11000

COGS A/C DR 10000

Sales A/C CR 11000

Inventory A/C CR 10000

cash a/c dr     11000

to furniture     11000

Sale  of furniture worth 10000 with a profit margin of 10% is 9090.90.