Journal entry worksheet Record the entry for customer billing for services rendered. Note: Enter debits before credits Journal entry worksheet 4 Note Enter debiss before cedins Environmental Services, Incorporated, performs various tests on wells and septic systems. A few of the company's business transactions occurring during August are described as follows: 1. On August 1, the company baled customers $10,000 on account for services rendered. Customers are required to make full payment within 30 days. (Environmental Services uses an account entitled Testing Service Revenue when billing customers, ) 2. On August 3, the company purchased testing supplies costing $15,200, paying $3,200 cash and charging the remainder on the company's 30-day accourt at Penn Chemicals. The testing supplies are expected to last several months. 3. On August 5, the company returned to Penn Chemicals $400 of testing supplies that were not needed. The return of these supplies reduced by $400 the amount owed to Penn Chemicals. 4. On August 17, the company issued an additional 2,500 shares of capital stock at $32 per share. The cash raised will be used to purchase new testing equipment in September. 5. On August 22, the company received $9,600 cash from customers it had billed on August 1 6. On August 29 , the company paid its outstanding account payable to Penn Chemicals. 7. On August 30 , a cash dividend totaling $8,600 was declared and paid to the company's stockholders fuse Dividends account) Required: b. Prepare journal entries for the above transactions. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field