Answer:
The Journal entry is as follows:
On December 31st, 2021
Cash surrender value A/c Dr. $3,000
Insurance expense A/c Dr. $17,000
To cash A/c $20,000
(To record the payment of the insurance premium)
Working note:
Increase in cash surrender value of the policy:
= $15,000 - $12,000
= $3,000
Insurance expense:
= Annual premiums - Increase in cash surrender value of the policy
= $20,000 - $3,000
= $17,000
Answer:
Technological lockout
Explanation:
Technological lockout is the position when the company is unable to gain benefit of its innovation this is because of the defect in its innovation offerings. This is the main reason why Samsung was defeated by Iphone in previous years because the samsung galaxy series phone was geting hot and blasts when the charger pin was pinned in. As a result, Samsung users opted to Iphone due to its better reliabilty and customer focused strategy. This technological lockouts are more prominent when the company is in haste and doesnot considers any testings necessary which costs them a loss of potential customers.
The type of sales promotion that Green Giant wants to use which involves offering resellers a sum of money is called a buy-back allowance.
<h3 /><h3>What is a buy-back allowance?</h3>
This refers to a sales strategy that is offered by suppliers and producers to those who resell to customers.
It involves offering the resellers an incentive which could be financial or otherwise, to purchase more units and stock more products just like Green Giant is doing.
Find out more on sales strategies at brainly.com/question/25640993.
Ernest Rutherford discovered that : The Positive charge and most of the mass of the atom was densely concentrated in extremely small region. This very small portion of the atom was called Nucleus.
<u>So, the Answer is :</u>
B. Positive charge is concentrated in the center of the Atom.
C. Check it with the back of your hand
Your forearm is a little large
Kicking can melt/burn your shoe
Grabbing it will burn you