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.
Nose(noun) the prominent part of the face or anterior extremity of the head containing the nostrils and olfactory cavities; the olfactory organ. See Nostril, and Olfactory organ under Olfactory. Nose(noun) the power of smelling; hence, scent.