The bank statement for Jeffrey Co.indicates a balance of $8,785 on October 31.After the journals for October had been posted,the cash account had a balance of $8,998.Record the appropriate journal entries that would be necessary for Jeffrey Co. 
Definitions:
National Intelligencer
A newspaper published in Washington D.C. from 1800 to 1870, which became an influential publication in American politics during the early 19th century.
Inaugural Address
A speech given during a ceremony that marks the beginning of a leader's term in office, often setting the tone and direction for their administration.
Federalist
An advocate or supporter of federalism, particularly referring to members of a political group in the United States in the late 18th and early 19th centuries that supported a strong centralized government and the ratification of the US Constitution.
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