Christian owns two homes, one in Oregon and one in New Hampshire. In 2016 and 2017, he lived in the Oregon home. In 2018 and 2019, he lived in the New Hampshire home. In 2020, he lived again in the Oregon home.
Which of the following statements is true regarding Christian’s eligibility to exclude the gain on the sale of both of
his homes in 2020?
A. He would be eligible to partially exclude the gain from the sale of the Oregon home in 2020
B. He would not be eligible to exclude the gain from the sale of the New Hampshire home in 2020
C. He would not be eligible to exclude the gain from the sale of the Oregon home in 2020
D. He would be eligible to exclude the gain from the sale of his main home in 2020

On september 12, ryan company sold merchandise in the amount of $5,800 to johnson company, with credit terms of 2/10, n/30. the cost of the items sold is $4,000. ryan uses the periodic inventory system and the net method of accounting for sales. on september 14, johnson returns some of the non-defective merchandise, which is restored to inventory. the selling price of the returned merchandise is $500 and the cost of the merchandise returned is $350. the entry or entries that ryan must make on september 14 is (are): multiple choice sales returns and allowances 490 accounts receivable 490 merchandise inventory 350 cost of goods sold 350 sales returns and allowances 490 accounts receivable 490 sales returns and allowances 500 accounts receivable 500 sales returns and allowances 490 accounts receivable 490 merchandise inventory 343 cost of goods sold 343 sales returns and allowances 350 accounts receivable 350

Don’t give me to many notifications because it will cause you to lose alot of points

Xie company identified the following activities, costs, and activity drivers for 2017. the company manufactures two types of go-karts: deluxe and basic. activity expected costs expected activity handling materials $ 625,000 100,000 parts inspecting product 900,000 1,500 batches processing purchase orders 105,000 700 orders paying suppliers 175,000 500 invoices insuring the factory 300,000 40,000 square feet designing packaging 75,000 2 models required: 1. compute a single plantwide overhead rate, assuming that the company assigns overhead based on 125,000 budgeted direct labor hours. 2. in january 2017, the deluxe model required 2,500 direct labor hours and the basic model required 6,000 direct labor hours. assign overhead costs to each model using the single plantwide overhead rate.