On june 2, 2019, harold's tv sales sold richard a large hd tv, on account, for $12,000. harold's tv sales uses the accrual method. in 2020, when the balance on the account was $8,000, richard filed for bankruptcy. harold was notified that he could expect to receive 60 cents on the dollar of the amount owed to him. in 2021, final settlement was made and harold received $5,000. how much bad debt loss can harold deduct and in which year(s)?

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.

answer; break-even analysis;