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.
A usually ornamental tuft, ridge, or similar projection on the head of a bird or other animal. b. An elevated, irregularly toothed ridge on the stigmas of certain flowers. c. A ridge or an appendage on a plant part, such as on a leaf or petal.