Why to governmental entities have debt limits while for, Accounting Basics

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Why to governmental entities have debt limits while for

1) When is it necessary to use a fiscal agent when it comes to debt service funds?

2) Why to governmental entities have debt limits while for profit corporations do not?

3) What are the debt margin and the concept of overlapping debt?

4) How does overlapping debt affect the debt margin?

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Accounting Basics: Why to governmental entities have debt limits while for

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Accounting Basics: Why to governmental entities have debt limits while for

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