Question: 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

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)

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