Question: Please answer 9a - 9h. Thank you! 9. LO.6 Using the categories in the following legend, classify each transaction as a plus (+) or minus

Please answer 9a - 9h. Thank you! 9. LO.6 Using the

Please answer 9a - 9h. Thank you!

9. LO.6 Using the categories in the following legend, classify each transaction as a plus (+) or minus (-) on Schedule M-2 of Form 11205. An answer might look like one of these: +AAA or-OAA. Legend AAA = Accumulated adjustments account OAA - Other adjustments account NA - No direct effect on Schedule M-2 a. Receipt of tax-exempt interest income. b. Administrative expenses. C. Depreciation recapture income. d. Nontaxable life insurance proceeds. e. Expenses related to tax-exempt securities. f. Charitable contributions. g Business gifts in excess of $25. h. Nondeductible fines and penalties

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