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. a: the trunk of an elephant; also: any long flexible snout b: the human nose especially when prominent. 2. : any of various elongated or extensible tubular processes (as the sucking organ of a butterfly) of the oral region of an invertebrate. See proboscis defined for English-language learners.