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.
1. (Zoology) either of a pair of sensory appendages that arise from the mouthparts of crustaceans and insects. 2. (Zoology) either of a pair of tactile organs arising from the head or anterior end of certain annelids and molluscs. [C19: from French, from Latin palpus a touching]