Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. which of the following is a capital asset? a. inve

Which of the following is a capital asset? A. Inventory held primarily for sale to...

80.2K

Verified Solution

Question

Accounting

Which of the following is a capital asset?

A. Inventory held primarily for sale to customers.

B. Accounts receivable.

C. A computer system used by the taxpayer in a personal accounting business.

D. Land held as an investment

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Problem 6-13 Historical Realized Rates of Return Stocks A and B have the following historical returns: Year 2012 -18.30% -15.70% 2013 34.50 24.80 2014 15.00 26.00 2015 -4.25 -12.10 2016 32.25 36.20 Calculate the...

Finance
Q

Listed below are the lead concentrations μ​g/g measured in different traditional medicines. Use a 0.05 significance...

Statistics
Q

Question: You are assessing an animal that was brought across the state. The animal has a...

Medical Sciences
Q

1500 pound per hour of a waste mixture of 40% benzene, 50% toluene and 10% of...

Chemistry
Q

Discussion Board - Unit 6, Lesson 1 9999 unread replies.9999 replies. 1) Discuss the purpose of academic...

Psychology
Q

Describe why capacitors and inductors give delay.

Physics
Q

Question A woman with blood type AB marries a man with blood type O Is...

Biology
Q

Determine whether a tangent is shown in the diagram Is a tangent shown in the...

Geometry
Q

The magnitude of an earthquake is measured on the Richter scale as a logarithm of...

Basic Math
Q

t up a definite integral for the volume of the solid generated by revolving the...

Calculus
Q

Find the numerical value of the area under the standard normal curve that is greater...

Algebra
Q

Research one of the fast food chains that has locations at 3 countries.Discuss through research...

Accounting