On June $1,2023.$ Jir Bow and Akha Adams formed a partnership to open a glaten$-$free commerciat bakery, contributing $$299\mathrm{.}000$ cash and $$398,000$ of equipment, respectively. The partnership also assumed responsibilty for a $$59,000$ note payable associated with the equipment. The partners agreed to share profits as follows: Bow is to recelve on anthal salary allowance of $$169,000,$ both are to receive an annual interest allowance of $5\%$ of their origlnat capltat invertments, end amy remaining protit or loss is to be shared $40,60($fo Bow and Adams, respectively$).$ On November $20,2023.$ Adams withdrew cash ht $$119\mathrm{.}000.$ At year$-$end. May $31,2024,$ the Income Summary account had a credil balance of $$\frac{5}{0},000.$ On June $1,2024,$ Peter witlams lnvested $$139,000$ and was admitted to the partnership for a $20\%$ interest in equity.

Required:

Prepare joumal entries for the following dates.

a$.$ June $1,2023$