2. Summary of Significant Accounting Policies: (f) Foreign Currency Translation (Policies)

12 Months Ended

Sep. 30, 2019

Policies

(f) Foreign Currency Translation

(f)        Foreign Currency Translation

The Company’s functional and reporting currency is the United States dollar. Foreign currency transactions, if any, would primarily be undertaken in Canadian dollars. Foreign currency transactions are translated to United States dollars in accordance with ASC 830, Foreign Currency Translation Matters as follows:

1.     Monetary assets and liabilities at the rate of exchange in effect at the balance sheet date

2.     Equity at historical rates

3.     Revenue and expense items at the average rate of exchange prevailing during the period

Adjustments arising from such translations are deferred until realization and are included as a separate component of stockholders’ equity as a component of comprehensive income or loss. Therefore, translation adjustments are not included in determining net income (loss) but reported as other comprehensive income. Gains and losses from foreign currency transactions are included in earnings in the period of settlement.