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The assets that you currently own are known as which of the following? A. Credit B. Capital C. Capacity D. Collateral

User Milez
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"B. Capital A capital asset is defined to include property of any kind held by an assessee, whether connected with their business or profession or not connected with their business or profession. It includes all kinds of property, movable or immovable, tangible or intangible, fixed or circulating."
User Ptha
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