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please help! thanks! Saw Data Recovery Services (DRS) specializes in data recovery from crashed hard drives. The price charged varies based on the extent of
please help! thanks!
Saw Data Recovery Services (DRS) specializes in data recovery from crashed hard drives. The price charged varies based on the extent of damage and the amount of data being recovered. DRS offers a 15% discount to students and faculty at educational institutions. Consider the following transactions during the month of June. June 10 Rashid's hard drive crashes and he sends it to DRS. June 12 after initial evaluation. DRS e-mails Rashid to let him know that full data recovery will cost 52,200. June 13 Rashid informs ORS that he would like them to recover the data and that he is student at UCLA, qualifying him for a 151 educational discount and reducing the cost by $420 $2,800 158). June 16 ORS performs the work and claims to be successful in recovering all data. DRS asks Rashid to pay within 30 days of today's date, offering a 40 discount for payment within 10 days June 19 When Rashid receives the hard drive, he notices that DRS did not successfully recover all data. Approximately 151 of the data has not been recovered and he informs DRS. Juse 20 RS reduces the amount Rashid owes by 151. June 30 Rashid pay the amount oved. Required: 1. Record the necessary transactionis) for Data Recovery Services on each date. (If no entry is required for a particular transaction/event, select "No Journal Entry Required in the first account field.) NG Date View journal entry workshort General Journal No Soumal Entry Required Debit Credit 1 June 10 2 No Journal Entry Required 2 3 June 13 No Jumal Entry Required June Accounts Receive Service Revenue 13 go DD 3: Required information transaction/event, select no journal entry required in the nurst account nera.) View transaction list View journal entry worksheet Debit Credit No Date General Journal No Journal Entry Required 1 June 10 2 June 12 No Journal Entry Required 3 June 13 No Journal Entry Required 4 June 16 Accounts Receivable Service Revenue 5 June 19 No Journal Entry Required 6 June 20 Sales Allowances Accounts Receivable 7 7 June 30 Cash Accounts Receivable 5 3 Step by Step Solution
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