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.
On the nose definition, the part of the face or facial region in humans and certain animals that contains the nostrils and the organs of smell and functions as the usual passageway for air in respiration: in humans it is a prominence in the center of the face formed of bone and cartilage, serving also to modify or modulate the voice. See more.