ch 1. please answer both

Exercise 1-OA (AigO) Errect or transactions on the accounting equation LU 1.4 At the beginning of Year 2, Better Corporation's accounting equation showed the following accounts and balances: Better Corporation completed the following transactions during Year 2 : 1. Purchased land for $9,000 cash. 2. Acquired $33,000 cash from the issue of common stock. 3. Recelved $72,000 cash for providing services to customers. 4. Paid cash operating expenses of $41,200. 5. Borrowed $18,000 cash from the bank. 6. Paid a $9.000 cosh dividend to the stockholders 7. Determined that the market value of the land purchased in event 1 is $43,000 Required a. Record the transactions in the occounting equation for Year 2 . Record the amounts of revenue, expense, and dividends in the Retained Eornings column. Provide the appropriate tites for these accounts in the last column of the table. b. As of December 31, Year 2, determine the total amount of assets, liablities, and stockholders' equity and present this information in the form of on occounting equation. c. What is the amount of total assets, Habilities, and stockholders' equity as of January 1, Year 3 ? Exercise 1-9A (Algo) Interpreting the accounting equation LO 1-5 Jones Enterprises was started when it acquired $4,500 cash from creditors and $13,500 from owners. The company immediately purchased land that cost $16,000. Required a. Record the events under an accounting equation. b. After all events have been recorded, Jones's obligations to creditors represent what percentage of total assets? c. After all events have been recorded, Jones's stockholders' equity represents what percentage of total assets? d. Assume the debt is due. Given that Jones has $13,500 in stockholders' equity, can the company repay the creditors at this point