Question 3 2 pts Verv Company paid $18,650 in advance for six months of rent. What journal entry will Swift prepare to record this transaction? Debit Rent Expense and credit Cash for $18,650, o Debit Cash and credit Deferred Rent for $18,650. Debit Cash and credit Prepaid Rent for $18,650. o Debit Prepaid Rent and credit Cash for $18,650