The SSC Partnership balance sheet includes the following assets on December 31 of the curr3e6n) t year:
Which of SSC's assets are considered hot assets under §751(a) ?
A) Accounts receivable and inherent recapture under §1245 in the equipment.
B) Accounts receivable and land.
C) Cash and land.
D) Cash and accounts receivable.
Correct Answer:
Verified
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