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5 A Aa A A 21 Paragraph 3 Styles Font 2 4 5 6 5 Charlie's Pizza collected S150 in sales tax for the quarter. Which of the following accounts should be used in order to post the sales tax? Select the single best answer: A only Sales Taxes Payable B. Sales tax should not be recorded. C. both Sales Taxes Payable and Sales Tax Expense D. both Sales Taxes Payable and Cash E. both Income and Sales Tax Expense 6. John, the owner of ABC Company, loans his business $50,000. Which of the following types of balance sheet accounts will be affected? Select all answers that apply: A. assets B. liabilities C. income D. expenses E capital 7. Which of the following financial statements would show a loan from the owner of the business? Select the single best answer: A. income statement B balance sheet Ctrial balance Dreceivables sumunary E. None of the above a loan from the owner of a business should not appear on any financial statements