Given the following transactions engaged in by Fournier Company, prepare journal 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 2/10, 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 2/10, n/30, FOB shipping point, $800.
31 Collected amount due from Brook for the sale of December 11.