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.
late 14c., device put over an animal's mouth to stop it from biting, eating, or rooting, from Old French musel muzzle, also snout, nose (12c., Modern French museau), from muse muzzle, from Gallo-Romance *musa snout (cf. ProvenÃ§al mus, Old Spanish mus, Italian muso), of unknown origin, possibly related to Latin morsus bite (but OED finds serious difficulties with this).