QUESTION 7 The following information is available for the Noir Detective Agency, Inc. After the closing entries are posted, what will be the balance in the Retained Earnings account? $17,600 289,000 32,000 Net Loss Retained earnings Dividends $303,400. O $257,000. $289,000. $274,600 $239,400. QUESTION 8 The special account used only in the closing process to temporarily hold the amounts of revenues and expenses before the net difference is added to (or subtracted from the retained earnings account is the Contra account Nominal account. Balance column account Closing account Income Summary account