Reference no: EM133037505

Question - Jozef's Roofing Services showed the following post-closing trial balance after the posting of the closing entries on June 30, 2020:

Debit Credit

Cash $21,000

Accounts receivable 36,000

Equipment 59,500

Accumulated depreciation, equipment $12,000

Trucks 138,000

Accumulated depreciation, trucks 66,000

Accounts payable 19,200

Jozef Jones, capital 216,200

Jozef Jones, withdrawals 59,900

Interest income 1,150

Other expenses 150

Totals $314,550 $314,550

Identify the error(s) in the post-closing trial balance

What entry is required to correct the errors? Record the entry that is required to correct the error in the above post-closing trial balance.

Calculate the correct balance at June 30, 2020, for Jozef Jones, Capital.