A Transaction Has Been Recorded in the T-Accounts of Simpson $\begin{array}{cc}\text {Cash }\\\hline\begin{array}{ll|l}&850& \\\end{array}\end{array}$

A transaction has been recorded in the T-accounts of Simpson Company as follows:
$\begin{array}{cc}\text {Cash }\\\hline\begin{array}{ll|l}&850& \\\end{array}\end{array}$
$\begin{array}{cc}\text { Notes Payable}\\\hline\begin{array}{ll|l}&&850 \\\end{array}\end{array}$
Which of the following could be an explanation for this transaction?

A) The company borrowed $850.
B) The company loaned $850 to another company.
C) The company repaid a $850 debt.
D) Simpson acquired $850 cash from the issue of common stock.