Dobson Company expects to begin operating on January 1. The company’s master budget contained the following operating expense budget.

January

February

March

Salary expense

$ 40,000

$ 36,000

$ 36,000

Sales commissions, 5% of sales

24,000

30,000

28,000

Utilities

2,800

2,800

2,800

Depreciation on store equipment

1,800

1,800

1,800

Rent

7,200

7,200

7,200

Miscellaneous

1,800

1,800

1,8900

Total operating expenses

$ 77,600

$ 79,600

$ 77,600

Sales commissions are paid in cash in the month following the month in which the expense is recognized. All other expense items requiring cash payment are paid in the month in which they are recognized. The amount of accumulated depreciation appearing on the company's March 31 pro forma balance sheet is:

$5,400

Explanation:

depreciation expense

January     $1,800

February   $1,800

March       $1,800

total         $5,400

Accumulated depreciation from January to March is calculated by adding all the depreciation expenses of the three months. It shows the total depreciation expense expected for that time period.

the correct answer is:

it required the president to inform congress within forty-eight hours of any new troop commitment.

the war powers resolution (1973) is a federal law designed to limit the u.s. president’s ability to initiate or intensify military actions abroad without the approval of the congress.

it establishes that the president can send armed forces into action abroad only by declaration of war by congress, statutory authorization, or in case of a national emergency created by attack upon the united states, its territories or possessions, or its armed forces.

it requires the president to notify congress within 48 hours of sending armed forces to military action.

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