E$7$A$.$ Given the following transactions engaged in by Fournier Company, prepare jour$-$

nal entries and, assuming the periodic inventory system, determine the total amount

received from Brook Company:

Dec. $1$ Sold merchandise on credit to Brook Company, terms $\frac{2}{10},\frac{n}{30},$ FOB

shipping point, $$500.$

$3$ Accepted a return from Brook for full credit, $$200.$

$10$ Collected amount due from Brook for the sale, less the return and discount.

$11$ Sold merchandise on credit to Brook, terms $\frac{2}{10},\frac{n}{30},$ FOB shipping

point, $$800.$

$31$ Collected amount due from Brook for the sale of December $11.$