Identify which of the following would be classed as trading stock under Section 70-10:
(a)Pairs of shoes held by a retailer for resale.
(b)Shares held by an investor.
(c)Blocks of land held by a property developer.
(d)Clothing held by a retail clothes shop, currently under lay by.
(e)Petrol held in underground tanks by a service station.
(f)Raw materials held in store by a manufacturer.
(g)Stationery supplies held for office use by an insurance company.
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