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On April 16, 2014, Dylex Corporation purchased trucks and boats for a total price of $640,000, paying cash of $70,000 and borrowing the balance from

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On April 16, 2014, Dylex Corporation purchased trucks and boats for a total price of $640,000, paying cash of $70,000 and borrowing the balance from the bank to be repaid within 8 years. The bank appraised the trucks at $177,000 and the boats at $413,000. Enter an appropriate description, and enter the date in the format dd/mmm (i e 15/Jan) General Journal Paga GUZ Dale Account Explanation F Debit Credit

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