The cash account of Edge Enterprises at July 1 is $500. The total of the debit entries to the Cash account amounted to $1,500 and the total of the credit entries to the Cash account amounted to $1,500 during July. At the end of the month, the Cash account has a Question 29 options:

$1,500 credit balance

$500 credit balance

$500 debit balance

$2,500 debit balance