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.
A snout is the protruding portion of an animal's face, consisting of its nose, mouth, and jaw. In many animals the equivalent structure is called a rostrum or a proboscis. Chambers 20th Century Dictionary (0.00 / 0 votes) Rate this definition: