Question: CI Jones Enterprises was started when it acquired $6,000 cash from creditors and $10.000 from owners. The company immediately purchased land that cost $12,000 Required

CI Jones Enterprises was started when it acquired $6,000 cash from creditors and $10.000 from owners. The company immediately purchased land that cost $12,000 Required a. Record the events under an accounting equation (Enter any decreases to account balances with a minus sign. Leave no cells blank - be certain to enter "0" wherever required.) JONES ENTERPRISES Accounting Equation Cash Land Creditors + Stockholders Equity + + Bal + ences b. After all events have been recorded, Jones's obligations to creditors represent what percent of total assets (Round your answer to 1 decimal place.) Percentage of total assets %

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