J – glossary definitions
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A document that describes a particular role and set of responsibilities within a project.
Journal entries are used to correct and/or transfer balances. They do this by crediting and debiting accounts. A journal entry must have at least two lines where one debits and the other credits.
Journal entries are created for many reasons. An example of a journal entry is an interschool journal between two schools to recover costs from a joint excursion.