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ay A Aa A A Font 12 AL Paragraph 12 Styles Create and Share Request Adobe PDF Signature Styles Adobe Acrobat Part A For

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ay A Aa A A Font 12 AL Paragraph 12 Styles Create and Share Request Adobe PDF Signature Styles Adobe Acrobat Part A For tax purposes, the sale of inventories is treated differently than the sale of non-depreciable capital assets. Briefly describe the different treatments given to these two types of sales. Question 1 (10 Marks) Part B List five criteria that can be used in distinguishing between business income and capital gains. Explanations are not required.

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