Choose from the Following List of Account Titles the One

question 21

Multiple Choice

Choose from the following list of account titles the one that most accurately fits the description of that account or is an example of that account.An account title may be used more than once or not at all.
-Corporate income taxes owed to the state government

• A)Cash
• B)Prepaid Asset
• C)Investments
• D)Taxes Payable
• E)Preferred Stock
• F)Accounts Receivable
• G)Land
• H)Accounts Payable
• I)Retained Earnings
• J)Notes Receivable
• K)Buildings
• L)Notes Payable
• M)Common Stock