Jones Enterprises was started when it acquired $3,300 cash from creditors and $7,700 from owners. The company immediately purchased land that cost $8,000. Required a. Record the events under an accounting equation. (Enter any decreases to account balances with a minus sign.) JONES ENTERPRISES Accounting Equation Cash + Land = Creditors + Stockholders' Equity + = + = 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 % c. After all events have been recorded, Jones's stockholders' equity represents what percent of total assets? Percentage of total assets %