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Jones Enterprises was started when it acquired $6,000 cash from creditors and $10,000 from owners

Accounting

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Jones Enterprises was started when it acquired $6,000 cash from creditors and $10,000 from owners.

The company immediately purchased land that cost $12,000.

A. Record the events under an accounting equation.

B. After all the events have been recorded, Jones's obligations to creditors represent what percent of total assets?

C. After all the events have been recorded, Jones stockholders' equity represents what percent of total assets?