Recording business transactions is a multi-step process. The first step in recording business transactions is to examine the transaction and decide what accounts will be affected. The second step in recording business transactions is to decide what account will be debited and what account will be credited. The third step in recording business transactions is to actually document the transaction in a journal.
snout. 1  the projecting nose and jaws, or muzzle, of an animal. 2  a projecting part. 3  Informal a large nose.
cut off one's nose to spite one's face in Medicine. nose (nÅz) n. The part of the human face or the forward part of the head of other vertebrates that contains the nostrils and organs of smell and forms the beginning of the respiratory tract.