Assume that your company purchases inventories from a Canadian supplier on November 3. The invoice specifies that payment is to be made on February 1 in Canadian dollars ($CAD) in the amount of $200,000 (CAD). Your company operates on a calendar year basis. Assume the following exchange rates: November 3 $0.77:CAD$1 December 31 $0.72:CAD$1 February 1 $0.74:CAD$1 Prepare the journal entries to record the purchase (assume perpetual inventory accounting), the required adjusting entry at December 31, and the payment on February 1. Date Description Debit Credit 11/3 Answer Answer Answer Answer Answer Answer 12/31 Answer Answer Answer Answer Answer Answer 2/1 Accounts payable

being born in poverty would limit the people's chances, opportunities and benefits.

this happen because of several things, such as:

- poor people tend to gain less access to good education and nutrition. this mean that their chance to obtain high paying jobs would also be limited.

- poor people tend to socialize with other poor people while the rich tend to socialize with other rich people. this means that simply throguh their social circle, rich people would have more business opportunities compared to the poor people.

- rich people tend to have more capital in their disposal. this would benefit them in business since it is far easier for them to fund their business operation compared to poor people.

answer///the madrid protocol;