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.
1. keen-having or demonstrating ability to recognize or draw fine distinctions; an acute observer of politics and politicians; incisive comments; icy knifelike reasoning; as sharp and incisive as the stroke of a fang; penetrating insight; frequent penetrative observations.