Unearned Revenue (question 1 of 2) Review the following transactions and prepare any necessary journal entries for Olinda Pet Supplies on March 2 when periodic inventory system is used: A. On March 2, Olinda Pet Supplies receives advance cash payment from a customer for forty dog food dishes (from their Dish inventory), costing $25 each. Olinda had yet to supply the dog food bowls as of March 2. B. On April 4, Olinda provides all of the dog food bowls to the customer. If journal entry is required, please select at least one debit entry and one credit entry. If journal entry is not required, please select "no entry required". 1. Accounts Receivable 2. Cash Credit > 3. Revenue as Debit 4. Unearned Revenue 5. Entry not required Review the following transactions and prepare any necessary journal entries for Olinda Pet Supplies on April 4 when periodic inventory system is used: A. On March 2, Olinda Pet Supplies receives advance cash payment from a customer for forty dog food dishes (from their Dish inventory), costing $25 each. Olinda had yet to supply the dog food bowls as of March 2. B. On April 4. Olinda provides all of the dog food bowls to the customer. If journal entry is required, please select at least one debit entry and one credit entry. If journal entry is not required, please select "no entry required" 1. Accounts Receivable 2. Cash Credit 3. Revenue Debit 4. Unearned Revenue 5. Entry not required