Data table Hudson, Maloney, and Landon, a parthership, is considering admiting Young as a new partner. On July 31,2024 , the capital accounts of the three existing parthers and the proft-and-ions sharing cotio dee as follows: Cick the icon to view the perthers' captal accounts and thair profit-and-loss-sharing ratol Read the recuirements Requirement 1. Joumalze the admisson of Young as a parther on July 31 if Young pays Landon 5165,000 cash to purchase Landon's inderest. (Reoord debitt frist, then credts Se bet the explanaton on the last line of the journal entry table.) Select the oxplanation on the last ine of the joumal entry table.) Sefect the explanation on the lat line of the journal entry table.) Data table Hudson, Maloney, and Landon, a parthership, is considering admiting Young as a new partner. On July 31,2024 , the capital accounts of the three existing parthers and the proft-and-ions sharing cotio dee as follows: Cick the icon to view the perthers' captal accounts and thair profit-and-loss-sharing ratol Read the recuirements Requirement 1. Joumalze the admisson of Young as a parther on July 31 if Young pays Landon 5165,000 cash to purchase Landon's inderest. (Reoord debitt frist, then credts Se bet the explanaton on the last line of the journal entry table.) Select the oxplanation on the last ine of the joumal entry table.) Sefect the explanation on the lat line of the journal entry table.)