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 long flexible snout, such as that of a tapir or an elephant. 2. In teratology, a cylindric protuberance of the face that, in cyclopia or ethmocephaly, represents the nose. proboscis. 1. A long flexible snout or trunk, as of an elephant. 2. A slender, tubular organ in the head region of an invertebrate, such as certain insects and worms, usually used for sucking or piercing. 3.