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Hi please help me with this and provide detailed answer and explanation. Thanks! BU5 20100 Graded Problem AZ 5/30/15 Abbey sold inventory to a customer

Hi please help me with this and provide detailed answer and explanation. Thanks!

BU5 20100 Graded Problem AZ 5/30/15 Abbey sold inventory to a customer for $5,000 on acocunt, terms 2/10,n/60. The original cost of the imventory was $3,000. Name 6/08/15 The customer paid the amount due to Abbey from the 5/30 transaction

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