2. Sherry pays $3000 of rent in advance on April 25th for the months of May, June, and July. If Sherry uses the accrual basis of accounting for her business, she would ________ to record her advanced payment of rent. (Points : 20) debit rent expense and credit accounts payable debit prepaid expense and credit cash debit rent expense and credit cash debit cash and credit prepaid expense 5. Four thousand dollars ($4000) of rent revenue was collected in advance on February 25th for March and April. The adjusting entry to recognize the revenue associated with this rental would include a ________. (Points : 20) credit to cash debit to service revenue credit to unearned rent revenue debit to unearned rent revenue Question 1.1. Which of the following is NOT a goal of the matching principle? (Points : 20) to measure all of the expenses incurred during the period to match expenses against the revenues for the period to properly measure net income to record expenses as they are paid