Knopp Company experienced an event that had the following effects on its financial statements.

$\backslash$table$[[$Balance sheet,Income Statement$],[$Assets$,=$ Liabilities,$+,$Equity,Revenue,$-,$Expenses,$=,\backslash$table$[[$Net$],[$Income$]],\backslash$table$[[$Statement of$],[$Cash Flows$]]],[$NA$,+,,-,$NA$,,+,,-,$NA$]]$

Which of the following events would have caused these effects?

Multiple Choice

Borrowed money

Earned revenue on account

Recognized accrued salary expense

Purchased land by issuing a note payable