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During the month of July, Falcon Industries has cash receipts of $ 2 , 0 0 0 , $ 7 , 0 0 0 ,

During the month of July, Falcon Industries has cash receipts of $2,000,$7,000, and $5,500 and makes cash payments of $1,800, $7,200, and $3,000. If the Cash account started with a $0 balance, Falcon's Cash account balance at the end of July would have a
credit balance of $2,500.
debit balance of $3,500.
credit balance of $3,500.
debit balance of $2,500.
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