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.
snout (plural snouts) 1  The long, projecting nose, mouth, and jaw of a beast, as of pigs. 2  The front of the prow of a ship or boat. [First attested in 1387.] 1944, Miles Burton, The Three Corpse Trick, chapter 5: The dinghy was trailing astern at the end of its painter, and Merrion looked at it as he passed. ( 3 derogatory) A person's nose.