For $5$ stars fix the inncorrect ones. On June $1,2023,$ Jill Bow and Aisha Adams formed a partnership to open a gluten$-$free commercial bakery, contributing $$288,000$

cash and $$376,000$ of equipment, respectively. The partnership also assumed responsibility for a $$48,000$ note payable associated

with the equipment. The partners agreed to share profits as follows: Bow is to receive an annual salary allowance of $$158,000,$ both

are to receive an annual interest allowance of $10\%$ of their original capital investments, and any remaining profit or loss is to be shared

$40/60($to Bow and Adams, respectively$).$ On November $20,2023,$ Adams withdrew cash of $$108,000.$ At year$-$end, May $31,2024,$ the

Income Summary account had a credit balance of $$460,000.$ On June $1,2024,$ Peter Williams invested $$128,000$ and was admitted to

the partnership for a $20\%$ interest in equity.

Required:

Prepare journal entries for the following dates.

a$.$ June $1,2023$

b$.$ November $20,2023$

c$.$ May $31,2024$

d$.$ June $1,2024$

Calculate the balance in each partner's capital account immediately after the June $1,2024,$ entry.

Answer is complete but not entirely correct.