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. 1  the mouth, or end for discharge, of the barrel of a gun, pistol, etc. 2  the projecting part of the head of an animal, including jaws, mouth, and nose. 3  a device, usually an arrangement of straps or wires, placed over an animal's mouth to prevent the animal from biting, eating, etc.