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Indicate whether the following are capital assets, sec. 1231 assets or neither. - A. B. C. Car used for personal use. - A. B. C.

Indicate whether the following are capital assets, sec. 1231 assets or neither.

- A. B. C.

Car used for personal use.

- A. B. C.

Car used in a business.

- A. B. C.

Car in inventory at an auto dealership.

- A. B. C.

IBM corporate bond.

- A. B. C.

Accounts Receivable

- A. B. C.

Real property used in a business

- A. B. C.

Personal property used in a business.

- A. B. C. Land

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