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.
1 noun a paid police informer. â 2 Noseâ was used to denote a police spy or informer and so were slang synonyms such as nark, snitch and snout. 3  Snout is of more recent origin than the other terms, dating from between the world wars.