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Describe the basic processes in humans and other animals.
Pledges Receivables
Outstanding amounts owed to an organization based on pledges made by donors, often recognized in nonprofit accounting.
Journal Entry
The recording of financial transactions into accounting records, detailing the accounts that are affected and in what way.
Borrow
The act of receiving something of value in exchange for the promise to return it or its equivalent at a later date.
Credit Card Company
A financial institution that issues credit cards, extending credit for consumers to purchase goods and services with the promise of future repayment.
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