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Which item has no effect on an s corporation aaa

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Reference no: EM132968047

Problem 1: Which item has no effect on an S corporation's AAA?

Group of answer choices

Option 1: Capital loss.

Option 2: Interest expense.

Option 3: All have an effect on AAA.

Option 4: Stock purchase by a shareholder.

Option 5: Cost of goods sold

Reference no: EM132968047

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