Index of Accounting Terms - J
J⤒ Top |
---|
![]()
Joint and Several Liability
Related Terms: Several Liability
What is Joint and Several Liability? A legal term where each party in a joint agreement is liable for the entire debt or obligation.
|
![]()
Joint Tenancy
Related Terms: Joint Ownership with Survivorship
What is Joint Tenancy? A form of ownership where two or more people have an equal interest in a property, with the surviving owners automatically inheriting the deceased's share.
|
![]()
Joint Tenants With Right of Survivorship (JTWROS)
Related Terms: JTWROS
What is Joint Tenants With Right of Survivorship (JTWROS)? A type of joint tenancy that explicitly includes the right of survivorship.
|
![]()
Joint Venture (JV)
Related Terms: Strategic Alliance, Partnership
What is a Joint Venture (JV)? A business arrangement where two or more parties agree to pool their resources for the purpose of accomplishing a specific project or business undertaking.
|
![]()
Journal
Related Terms: Book of Original Entry, Day Book
What is a Journal? A record where business transactions are initially entered in chronological order.
|
![]()
Journal Entry
Related Terms: JE, Ledger Entry, Posting
What is a Journal Entry? A recording of a business transaction in the accounting journal, showing the accounts to be debited and credited.
|
Accounting and Bookkeeping
in Action:
The Adventures of Coco and Cami
Follow Coco and Cami as they realize that keeping track of all their sales, expenses, and customer payments on paper is becoming overwhelming for their growing businesses.
Watch as Professor A introduces Coco and Cami to Accounting and Bookkeeping, explaining how these digital tools can automate their bookkeeping, generate reports, and help them manage their finances more efficiently.
Take the Next Step
Choosing the right accounting software is crucial for your business's financial health. Sync-Up Bookkeeping specializes in setting up and managing systems like QuickBooks Online. Need help selecting or optimizing your software? Let’s schedule a free 30-minute consultation.
Contact Sales for a Free Consultation