solve this question according to GAAP. canadian standards.

On April 13, 2014, Barton Corporation purchased trucks and boats for a total price of $480,000, paying cash of $80,000 and borrowing the balance from the bank to be repaid within 12 months. The bank appraised the trucks at $132,000 and the boats at $308,000. Enter an appropriate description, and enter the date in the format dd/mmm (i.e., 15/Jan). General Journal Page GJ2 Date AccountExplanation F Debit Credit