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According to Sutherland's differential association theory
Allowance
A reduction from the gross amount of an asset or liability, created to account for potential future adjustments such as doubtful debts or returns.
Processing Fee
A charge assessed for processing a transaction, application, or request, common in financial services.
Bank Credit Cards
Financial instruments issued by banks that allow users to borrow funds for purchases or cash advances, subject to repayment terms and interest.
Journal Entry
A record of a financial transaction in an accounting system, showing the accounts affected and the amounts.
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