Jones Enterprises was started on January 1, Year 1, when it acquired $6,000 cash from creditors and $10,000 company immediately purchased land that cost $12,000. The land purchase was the only transaction occurri Required: a. Record the events under an accounting equation. Note: Enter any decreases to account balances with a minus sign. Balance Cash JONES ENTERPRISES + + + Equation Accounting Equation Land Ers 2 = Creditors + + + + Stockholders' Equity K

Jones Enterprises was started on January 1, Year 1, when it acquired \\( \\$ 6,000 \\) cash from creditors and \\( \\$ 10,00 \\) company immediately purchased land that cost \\( \\$ 12,000 \\). The land purchase was the only transaction occurr Required: a. Record the events under an accounting equation. Note: Enter any decreases to account balances with a minus sign. Jones Enterprises was started on January 1, Year 1, when it acquired \\( \\$ 6,000 \\) cash from creditors and \\( \\$ 10,000 \\) from owners. The company immediately purchased land that cost \\( \\$ 12,000 \\). The land purchase was the only transaction occurring during Year 1. Required: a. Record the events under an accounting equation. Note: Enter any decreases to account balances with a minus sign