Please show all work (if answer and working notes can be done in Word it would be greatly appreciated!)

2. Lugmaan and Idris drafted a partnership agreement that lists the following assets contributed at the partnership's formation: Contributed by \" $20,000 The building is subject to a mortgage of $10,000, which the partnership has assumed. The partnership agreement also species that prots and losses are to be distributed evenly. Give journal entries? (10 points)