Melbourne Company sold merchandise that it had purchased with a list price of $3,300 and subject to terms of 2/10,n/30.Assuming that Melbourne paid for the merchandise during the discount period,the cost of goods sold for this transaction would be $2,970.

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The Answer of Melbourne Company sold merchandise that it had purchased with a list price of $3,300 and subject to terms of 2/10,n/30.Assuming that Melbourne paid for the merchandise during the discount period,the cost of goods sold for this transaction would be $2,970.

Melbourne Company Sold Merchandise That It Had Purchased with a List