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Which of the following transactions affects the Other Adjustments Account ( OAA ) of an S Corporation? Dividend Income. O Taxable Interest Income. O Wages

Which of the following transactions affects the Other Adjustments Account

(

OAA

)

of an S Corporation? Dividend Income. O Taxable Interest Income. O Wages And Salaries Expense. Nontaxable Life Insurance Proceeds received by the S Corporation as beneficiary of the Life Insurance Policy.

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