Prepare the closing entry to allocate the partnership profit if in $2024,$ the partnership reports profit of $$66,600.$ The profit and loss ratio provides for salary allowances of $$46,620$ for Hall and $$33,300$ to Young and the remainder to be shared equally. $($Cred account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries. no entry is required, select $"$No Entry" for the account titles and enter Ofor the amounts.$)$

$\backslash$table$[[$Date Account Titles,Debit,$],[$Dec$.31,,],[,,],[,,],[,,]]$