1. All of the following assets are capital assets, except: a. A personal automobile b. IBM stock...

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1. All of the following assets are capital assets, except:

a. A personal automobile

b. IBM stock

c. Business inventory

d. Personal furniture

e. An individual’s stamp collection LO 8.1

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Income Tax Fundamentals 2011

ISBN: 9780538469197

29th Edition

Authors: Gerald E. Whittenburg, Martha Altus-Buller

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