Henderson Sales Sold 400 Units of Product to a Customer $$\begin{array} { | l | r | r | } \hline \quad\quad\quad&\quad&\quad \\\hline \\\hline\end{array}$$

question 6

Essay

Henderson Sales sold 400 units of product to a customer on account.The selling price was $25 per unit,and the cost,according to the company's inventory records,was $12 per unit.
-Please provide the journal entry to record Cost of goods sold.
$$\begin{array} { | l | r | r | } \hline \quad\quad\quad&\quad&\quad \\\hline \\\hline\end{array}$$

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Definitions:

Company's Code

A set of guidelines, ethics, or standards that a company follows to ensure legal compliance and maintain its corporate integrity.

Reciprocity

A social norm of responding to a positive action with another positive action, fostering cooperative and social behavior.

Price Discrimination

The practice of selling the same product or service at different prices to different customers, often based on factors like location, demographic, or purchase history.

Safety Mats

Protective mats designed to reduce the risk of injuries by providing a cushioned surface in various environments.