On June $1,2023,$ Jill Bow and Aisha Adams formed a partnership to open a gluten$-$free commercial bakery, contributing $$282,000$ cash and $$364,000$ of equipment, respectively. The partnership also assumed responsibility for a $$42,000$ note payable associated with the equipment. The partners agreed to share profits as follows: Bow is to receive an annual salary allowance of $$152,000,$ both are to receive an annual interest allowance of $5\%$ 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 $$102,000.$ At year$-$end, May $31,2024,$ the Income Summary account had a credit balance of $$400,000.$ On June $1,2024,$ Peter Williams invested $$122,000$ and was admitted to the partnership for a $20\%$ interest in equity.

Required:

$1.$ Prepare journal entries for the following dates.

a$.$ June $1,2023$

b$.$ November $20,2023$

c$.$ May $31,2024$

d$.$ June $1,2024$

$2.$ Calculate the balance in each partner$$s capital account immediately after the June $1,2024,$ entry.