Delta Company Experienced an Accounting Event That Affected Its Financial

Multiple Choice

Delta Company experienced an accounting event that affected its financial statements as indicated below:
$$\begin{array} { | c | c | c | c | c | c | c | } \hline \text { Assets } & = & \text { Liabilities } & + & \begin{array} { c } \text { Common } \\\text { Stnck }\end{array} & + & \begin{array} { c } \text { Retained } \\\text { Earnings }\end{array} \\\hline - & = & \mathrm { NA } & + & \mathrm { NA } & + & - \\\hline\end{array}$$
Which of the following accounting events could have caused these effects on Delta's statements?

A) Purchased land for cash.
B) Incurred a cash expense.
C) Borrowed money from a bank.
D) Earned cash revenue.