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.
Webster Dictionary (0.00 / 0 votes) Rate this definition: Snout (noun) the long, projecting nose of a beast, as of swine. Snout (noun) the nose of a man; -- in contempt. Snout (noun) the nozzle of a pipe, hose, etc. Snout (noun) the anterior prolongation of the head of a gastropod; -- called also rostrum. Snout (noun)