Howell, McMahon, and Lowell, a partnership, is considering admitting Theroux as a new partner. On July 31, 2024, the capital accounts of the three existing partners and their profit-and-loss-sharing ratio are as follows: Data table Capital Profit-and-Loss Sharing % Howell $ 45,000 20% McMahon 90,000 25% Lowell 135,000 55% Print Done - well $180,000 cash to purchase Lowell's interest. (Record debits first, then credits. Credit Requirement 1. Journalize the admission of Theroux as a partner on July 31 if Theroux pays Lowell $180,000 cash to purchase Lowell's interest. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Date Jul. 31 Accounts and Explanation Debit Credit Requirement 2. Journalize the admission of Theroux as a partner on July 31 if Theroux contributes $90,000 to the partnership, acquiring a 1/4 interest in the business. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Date Jul. 31 Accounts and Explanation Debit Credit Requirement 3. Journalize the admission of Theroux as a partner on July 31 if Theroux contributes $90,000 to the partnership, acquiring a 1/6 interest in the business. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Date Jul. 31 Accounts and Explanation Debit Credit Requirement 4. Journalize the admission of Theroux as a partner on July 31 if Theroux contributes $90,000 to the partnership, acquiring a 1/3 interest in the business. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Date Jul. 31 Accounts and Explanation Debit Credit Requirement 2. Journalize the admission of Theroux as a partner on July 31 Theroux contributes $90,000 to the partnership, acquiring a 1/4 interest in the business. (Record debts first, then credits. Select the explanation on the last line of the journal entry table.) Accounts and Explanation Debit