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.
Full Definition of BEAK. 1. a: the bill of a bird; especially: a strong short broad bill b (1) : the elongated sucking mouth of some insects (as the true bugs) (2) : any of various rigid projecting mouth structures (as of a turtle) c: the human nose.2. a pointed structure or formation: a: a metal-pointed beam projecting from the bow especially of an ancient galley for piercing an enemy ship b: the spout of a vessel c: a continuous slight architectural projection ending in an arris â see molding illustration d: a process suggesting the beak of a bird.