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5 Jones Enterprises was started when it acquired $4.900 cash from creditors and $9,100 from owners. The company immediately purchased land that cost $10,000. Required

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5 Jones Enterprises was started when it acquired $4.900 cash from creditors and $9,100 from owners. The company immediately purchased land that cost $10,000. Required a. Record the events under an accounting equation. (Enter any decreases to account balances with a minus sign.) JONES ENTERPRISES Accounting Equation -Creditors ook Cash Stockholders' Equity Print + ferences Bal $ 0 + $ 0 = $ 0 + $ 0 b. After all events have been recorded, Jones's obligations to creditors represent what percent of total assets? Percentage of total assets % be here to search O

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