uiz i Swift Company paid $12,500 in advance for six months of rent. What journal entry will Swift prepare to record this transaction? Multiple Choice O Debit Cash and credit Deferred Rent for $12,500 Debit Rent Expense and credit Cash for $12,500 Debit Cash and credit Prepaid Rent for $12,500 Debit Prepaid Rent and credit Cash for $12.500