The account Cash had a normal beginning balance of $500. During the period, there were the following
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Question:
The account "Cash" had a normal beginning balance of $500. During the period, there were the following changes: increase of $3,000; decrease of $1,000. What was the ending balance?
Group of answer choices
Credit balance of $2,500.
Debit balance of $1,500.
Credit balance of $1,500.
Debit balance of $2,500.
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