Nett Ltd $($a Parent company and investor$)$ acquired a $30\%$ interest in Ball Ltd $($associate$)$ for $$120,000$ cash on $1$ July $2022.$ The directors of Nett Led believe this investment represents significant influence over the investee. The equity of Ball Ltd at the acquisition date was as follows.

Profits and dividends for the years ended $30$ June $2023$ to $2025$ were as follows.

$\backslash$table$[[,\backslash$table$[[$Profit Before Tax$],[($$$)]],\backslash$table$[[$Income Tax$],[$Expense $($$$)]],\backslash$table$[[$Dividends Paid$],[($$$)]]],[2023,160,000,65,000,140,000],[2024,120,000,40,000,60,000]]$

Required:

$($a$)$ Prepare the consolidation worksheet entries to account for Nett Lt$\text{'}$s interest in the associate $/$ joint venture, Ball Ltd$.$ Record Equity accounting adjustments in General Journal format for $30$ June $2023$ and $2024.$

$($b$)$ Calculate the carrying amount of the investment in Ball Ltd at $30$ June $2024.$

$[16$ Marks$]$