Exercise 1.9A (Algo) Interpreting the accounting equation LO 1.5 Jones Enterprises was started when it acquired $9,000 cash from creditors and $21,000 from owners. The company Immediately purchased fond that cost $26,000 Requited a. Record the events under an accounting equation. b. After all events have been recorded, Jones's obligations to creditors fepresent what percent of totar assets? c. After ali events hove been recorded, Jones's stockholders' equity represents what percentage of total assots? d. Assume the debt is due. Given that Jones has $21,000 in stockholders' equity, can tho company repay the creditors at this point? Complete this question by entering your answers in the tabs below. Recard the events under an accounting equation. (Enter any decreases to accocht balascess wuth a minus signt) Exercise 1.9A (Algo) Interpreting the accounting equation LO 1.5 Jones Enterpeises was started when it acquired $9,000 cash from creditors and $21,000 from owners. The company immedlately purchased land that cost $26,000 Required a. Record the events under an accounting equation. b. After all events have been recorded, Jones's obligations to creditors represent what percent 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 $21,000 in stockholders' equity, can the company repay the creditors at this point? Complete this question by entering your answers in the tabs below. b. After all events have been recorded, Jones's obligations to creditors represent what percent of total assets? 5. Arer al events have been recorded, Jones's stockhoiders' equity represents what percentage of total assets? 1. Assume the debt is due. Gveh that Jenes has $21,000 in stockholders' equity, can the company rebay the creditors at this Doint)