please don't forget account explanations

Task 2.1: L. Ong owns a boat rental business with $33 000 in cash and boats with a book value of $120 000. She decides to enter a partnership with B. Cooper, who has only $2 000 cash but also owns lakefront docks and land with a book value of $370 000. After some friendly negotiations, they agree that the fair market value of the boats is $105 000; the docks have a fair market value of $20 000 and the land has a fair market value of $390 000. Record the general journal entry to establish the partnership on July 1. Task 2.2: On August 1, Joan Taylor and Tom Maid are partners in The Taylor Maid Company. They have capital balances of $30 000 and $20 000 respectively, and have an income ratio of 60% and 40%. Record journal entries for each of the independent situations below about the admission of a new partner: a) Jim Zucher agrees to purchase half of Taylor's equity for $18 000. b) Barry Thompson agrees to purchase all of Maid's equity for $17 000. c) Gary Malley invests $5 000 cash and equipment with a fair market value of $9 000 in the business. Task 2.4: Orr, Hamilton and Talbot are partners with capital balances of $50 000, $60 000 and $90 000, respectively. They have an income ratio of 3:4:5. On October 1, Orr decides to leave the partnership. Show the entry to record Orr's departure under the following assumptions: a) Hamilton and Talbot each pay $30 000 of their personal funds to Orr and receive 50% of his equity. b) Talbot pays $45 000 for all of Orr's equity