Proration occurs because it is impossible to accurately estimate the future overhead costs and production activity; it is either the overhead is over applied or under applied. The variance will have to be adjusted for at the end of the financial year.
The bank, which is pretty much the whole government if you think about it.
The focus of a commercial vs. a Psa is given below
Explanation:
1.A commercial is an advertisement that airs for a specific amount of time and is paid for by a company. It is that company's intention to invest in the ad to entice people to buy. Public Service Announcements or PSA's on the other hand, are run on TV for free.
2.A Public Service Announcement (PSA) is a free “commercial” for a non-profit organization. It is aired voluntary by individual radio and/or TV stations. But To The Audience..... To the audience, a PSA is just another commercial.
3.A public service announcement (PSA) is a short, community-oriented message that radio stations air at no cost in order to fulfill their obligation to serve the public interest. ... Radio stations receive PSAs as audio files – typically recorded as :30 or :60-second messages.
Answer: Option D
Explanation: A specialized type of journal that keeps records of orders made by a business on credit or on account is called purchase journal. In simple words we can say that this journal is used by entities to record all the orders placed using vendor credit or accounts payable.
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Therefore, Transactions in option A and B will not be recorded in purchase journal as these are cash transactions and option C is a sales transaction. Thus, purchase of furniture on account in option D is the right answer.
