The following information pertains to questions
On July 1,2013,Great White North (GWN)Inc.purchased merchandise from a supplier in the U.S.for $800,000 with terms requiring full payment by October 31,2013.On July 2,GWN entered into a forward contract to purchase $800,000 U.S.on October 31,2013 at a rate of $1.2275CDN.
On October 31,GWN paid its supplier in full.Selected dates and spot rates are shown below: 
-Prepare any and all Journal Entries you deem necessary to record the above transaction.
Definitions:
Heart Failure
Heart failure is a chronic condition where the heart is unable to pump sufficiently to maintain blood flow to meet the body's needs.
Distribution of Drugs
The process of delivering medications to patients or healthcare facilities following legal and logistical practices.
Right Time
Ensuring that medical treatment or medication is delivered at the appropriate time to maximize efficacy and minimize harm or errors.
Medication Administration Record
A comprehensive record keeping system in healthcare settings that tracks all medications administered to a patient, ensuring accuracy and safety in drug delivery.
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