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.
Definition of snout. 1a (1) : a long projecting nose (as of a swine) (2) : an anterior prolongation of the head of various animals (such as a weevil) : rostrumb : the human nose especially when large or grotesque. 2 : something resembling an animal's snout in position, function, or shape: such asa : prowb : nozzlec : the terminal face of a glacier.