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: An animal's nose. Also used as an insult for someone with a big nose, or to describe a greedy businessman (eg: snout in the trough). 2: A cigarette (other slang terms for this include fag, cancer stick and coffin nail). 3: A police informant. The term presumably derives from the informant 'sniffing out villains'.