Lang Enterprises was started when it acquired $4,800 cash from creditors and $7,200 from owners. The company immediately purchased land that cost $10,000 Required a. Record the events under an accounting equation. (Enter any decreases to account minus sign.) LANG ENTERPRISES Accounting Equation Cash LandCreditors Stockholders b. After all events have been recorded. Lang's obligations to credtors represent what percent of total assets? c. After all events have ben recorded Lang's stockholdor's equity represents what percent of total assets? centage of total assets Type here to search