Jones Enterprises was started when it acquired $7,800 cash from creditors and $18,200 from owners. The company immediately purchased land that cost $24,000. Required a. Record the events under an accounting equation. (Enter any decreases to account balances with a minus sign.) JONES ENTERPRISES Accounting Equation Land = Creditors Cash + + Stockholders' Equity Bal. + 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 % d. Assume the debt is due. Given that Jones has $18,200 in stockholders' equity, can the company repay the creditors at this point? O Yes O No