On April 16, 2014, Stake Technology Inc. purchased trucks and boats for a total price...
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Accounting
On April 16, 2014, Stake Technology Inc. purchased trucks and boats for a total price of $580,000, by borrowing the full balance from the bank to be repaid within 12 months. The bank appraised the trucks at $165,000 and the boats at $385,000. Enter an appropriate description, and enter the date in the format dd/mmm (i.e., 15/Jan). General Journal Page GJ2 Date Account/Explanation F Debit Credit
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