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.
2 : something that resembles a buttress: such asa : a projecting part of a mountain or hillb biology : a horny protuberance on a horse's hoof at the heel â see hoof illustrationc botany : the broadened base of a tree trunk or a thickened vertical part of it. 3 : something that supports or strengthens a buttress of the cause of peace.