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.
n. 1  The uppermost or forwardmost part of the human body, containing the brain and the eyes, ears, nose, mouth, and jaws. 2  The analogous part of various vertebrate and invertebrate animals. 3  The pus-containing tip of an abscess, a boil, or a pimple.  The rounded proximal end of a long bone.