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Diamond, Inc. had the following transactions during June Performed services for $2,000 on account; received cash on account, $8,000; paid $700 for repair expense; paid

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Diamond, Inc. had the following transactions during June Performed services for $2,000 on account; received cash on account, $8,000; paid $700 for repair expense; paid $1,800 to a supplier that it owed from the previous month. What is the combined effect on Cash of these June transactions? Select one: O A. $5,500 decrease O B. $5,500 increase O C. $8,000 increase O D. $2,500 decrease

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