A Transaction Has Been Recorded in the T-Accounts of Hough $\begin{array}{cc}\text { Cash}\\\hline\begin{array}{ll|l}&500& \\\end{array}\end{array}$

A transaction has been recorded in the T-accounts of Hough Company as follows:
$\begin{array}{cc}\text { Cash}\\\hline\begin{array}{ll|l}&500& \\\end{array}\end{array}$
$\begin{array}{cc}\text {Notes Payable }\\\hline\begin{array}{ll|l}&&500 \\\end{array}\end{array}$
Which of the following reflects how this event affects the company's financial statements?
$\begin{array}{|l|c|c|c|c|c|c|c|c|c|c|c|}\hline &\text { Asset }&=&\text { Liab. }&+ & \begin{array}{c}\text { Stk. } \\\text { Equity }\end{array} & \text { Rev. } & - & \text { Exp. }&=&\text { Net Inc. }& \begin{array}{c}\text { Stmt of } \\\text { Cash Flows }\end{array}\\\hline A.&+&=&+&+&NA&NA&-&+&=&-&+FA\\\hline B.&+&=&+&+&NA&NA&-&NA&=&NA&+OA\\\hline C.&+&=&NA&+&+&+&-&NA&=&+&+OA\\\hline D.&+&=&+&+&NA&NA&-+&NA&=&NA&+FA\\\hline\end{array}$

A) Option A
B) Option B
C) Option C
D) Option D