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Which of the following is true about capital assets? a . Section 1 2 3 1 assets are also considered capital assets. b . Real

Which of the following is true about capital assets?
a. Section 1231 assets are also considered capital assets.
b. Real property used in a trade or business is a capital asset.
c. Gains and losses on capital assets are classified as either short-term or long-term.
d. Inventory and accounts receivable are examples of capital assets.

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