Because if you default on the loan they will go after the co-signer for the balance due. Since the co-signer has good credit he won't want to ruin it and that will make him a good bet that he will pay back the loan.
Answer:
The best measure of fair value is what the good or service could be sold for on a standalone basis (standalone selling price).
Explanation:
A performance obligation can be defined as a promise made in a contractual agreement by a seller or service provider to provide goods and services to a customer. This obligation exists only if a customer can benefit from the goods or services provided.
Allocating a transaction price to multiple performance obligations includes;
The best measure of fair value is what the good or service could be sold for on a standalone basis (standalone selling price).
Answer:
4. Debit
5.Credit
6.Credit
Explanation:
The rule is simple. If the account is Asset, its normal balance is Debit. If the account is Liability or Owner Equity, their normal balance are Credit.
The things are you have to recognize which of them are Asset, Liability or Owner Equity.
The only way is to practice, to get yourself as much exposure to financial accounting ( e.g: their are plenty of Financial Reports of Big Firms available online for you to read) as possible so you may recognize what side of the Balance Sheet these items would be categorized into as soon as you heard its name.
Is setting scheduled of events and milestones
Setting milestones alone is not enough in order to achieve effective implementation. You should also set aside a deadline to achieve your milestones so you can always keep track on your progress in achieving your Goals