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.
: cavity, hollow: such asa : a narrow elongated tract extending from a focus of suppuration and serving for the discharge of pusb (1) : a cavity in the substance of a bone of the skull that usually communicates with the nostrils and contains air (2) : a channel for venous blood (3) : a dilatation in a bodily canal or vesselc : a cleft or indentation ...