The following information is available from the adjusted trial balance of the Harris Vacation Rental Agency.After closing entries are posted,what will be the balance in the Retained earnings account? 
Definitions:
Service Hours
The total number of hours spent by employees providing services to customers, often used to allocate overhead costs in service industries.
Target Costing
An accounting strategy that sets prices based on market conditions and then manages costs to meet those prices, aiming for profitability.
Target Selling Price
The price a company aims to sell its product for, determined by market conditions, cost structure, and profit margin goals.
New Product
A good or service that has recently been developed and introduced to the market, offering new features, benefits, or improvements over previous versions.
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