Drake Designs reported the following transactions in November:
Nov 8 Sold merchandise on account to Jennifer Grant, $500, terms 2/10, n/30.
15 Sold merchandise on account to Art Glass, $1,200, terms 2/10, n/30.
16 Art Glass returned $500 of the merchandise purchased on Nov 15.
18 Collected payment from Jennifer Grant for the Nov 8 sale.
25 Collected payment from Art Glass for the balance of the Nov 15 sale.

Requirements
1. Record the foregoing transactions in the journal of Drake Designs.
2. Prepare a computation of net sales for the month of November.