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On 12/31, Retained Earnings has a beginning balance of $10,000 before any closing journal entries have been recorded. A partial listing of account balances for

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On 12/31, Retained Earnings has a beginning balance of $10,000 before any closing journal entries have been recorded. A partial listing of account balances for both permanent and temporary accounts before closing journal entries is listed below (as of 12/31). After the closing journal entries are recorded to close out the temporary accounts, what is the new balance in the retained earnings account? Balance Account Deferred Revenue Service Revenue Accumulated Depreciation Rent Expense Dividends $8,000 $9,000 $3,000 $2.000 $1,000

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