In the First Month of Operations for Pendleton Industries the Total

In the first month of operations for Pendleton Industries the total of the debit entries to the cash account amounted to $33000 ($13000 investment by the owner and revenues of $20000) . The total of the credit entries to the cash account amounted to $21000 (purchase of equipment $8000 and payment of expenses $13000) . At the end of the month the cash account has a(n)

A) $5000 credit balance.
B) $5000 debit balance.
C) $12000 debit balance.
D) $12000 credit balance.