Sendelbach Corporation is a U$.$S$.-$based organization with operations throughout the world. One of its subsidiaries is headquartered in

Toronto. Although this wholly owned company operates primarily in Canada, it engages in some transactions through a branch in

Mexico. Therefore, the subsidiary maintains a ledger denominated in Mexican pesos $($Ps$)$ and a general ledger in Canadian dollars

$($C$$).$ As of December $31,2020,$ the subsidiary is preparing financial statements in anticipation of consolidation with the U$.$S$.$ parent

corporation. Both ledgers for the subsidiary are as follows: