Use the Following Information for Questions

question 67

Short Answer

Use the following information for questions.
On August 25, 2017, Beta Inc.entered into a forward contract to buy 50,000 Krubles (KRB)for $8,300 Canadian (CAD)on September 5, 2017.On August 31, 2017, 50,000 KRB can be purchased for $8,000 CAD.On September 5, Beta settles the contract but does NOT take delivery of the KRB.
-The entry to record the change in value of the contract on August 31, 2017 is

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Definitions:

Loneliness

A complex and often painful emotional response to isolation or lack of companionship.

Attributional Reformulation

A psychological theory proposing that people reinterpret events to align with their personal beliefs and attitudes, often in a way that reduces cognitive dissonance.

Learned Helplessness Model

A theory that suggests when individuals perceive that they have no control over their environment, they may begin to behave passively and stop trying to change their situation.

Depression

A mental health disorder characterized by persistent feelings of sadness, loss of interest, and a lack of energy.