Question: Using the categories in the following legend, classify each transaction as a plus (+) or minus (-) on Schedule M-2 of Form 1120S. An answer

Using the categories in the following legend, classify each transaction as a plus (+) or minus (-) on Schedule M-2 of Form 1120S. 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. Unreasonable compensation determined.
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.
i. Administrative expenses?

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