All of the following assets are capital assets, except: a. A personal automobile b. IBM stock c.
Question:
All of the following assets are capital assets, except:
a. A personal automobile
b. IBM stock
c. A child’s bicycle
d. Personal furniture
e. Used car inventory held by a car dealer
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Related Book For 
Income Tax Fundamentals 2023
ISBN: 9780357719527
41st Edition
Authors: Gerald E. Whittenburg, Steven Gill
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