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The raw land that a real estate developer purchased and later on decides to resell to another developer is classified as _________ and is subject
The raw land that a real estate developer purchased and later on decides to resell to another developer is classified as _________ and is subject to ___________. a. Ordinary Asset, 6% VAT b. Ordinary Asset, 12% VAT c. Capital Asset, 12% VAT d. Capital Asset, 6% CGT
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Financial Accounting
Authors: Walter Jr. Harrison, Charles T. Horngren, C. William Thomas, Greg Berberich, Catherine Seguin
6th Canadian edition
134564146, 978-0134141091, 134141091, 978-0134564142
