Question: Exercise 4-11 Post-closing trial balance LO2, 3, 4 Jozef's Rooting Services showed the following post-closing trial balance after the posting of the closing entries on
Exercise 4-11 Post-closing trial balance LO2, 3, 4 Jozef's Rooting Services showed the following post-closing trial balance after the posting of the closing entries on June 30, 2020: Debit Credit $ 21.000 36,000 59,500 $ 12,000 138,000 Cash Accounts receivable. Equipment Accumulated depreciation, equipment Trucks Accumulated depreciation, trucks Accounts payable Jozef Jones, capital Jozef Jones, withdrawals Interest Income Other expenses Totals 66,000 19,200 216,200 59,900 1,150 150 $314.550 $314.550 Required 1. Identify the error(s) in the post-closing trial balance. 2. What entry is required to correct the error(s)? 3. Calculate the correct balance at June 30, 2020, for Jozef Jones, Capital 280
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