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.
muzzle. n. 1. (Zoology) the projecting part of the face, usually the jaws and nose, of animals such as the dog and horse. 2. (Zoology) a guard or strap fitted over an animal's nose and jaws to prevent it biting or eating.