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19: (3 Points). Identify the 2 errors in the following Retained Earnings statement (this one should look a bit familiar to you!) Make sure to
19: (3 Points). Identify the 2 errors in the following Retained Earnings statement (this one should look a bit familiar to you!) Make sure to clearly explain your errors so I understand your explanation. Company M Retained Earnings Rollforward For the Month Ended 1/31/2020 Beginning Retained Earnings 30,000 Plus Net Income 40,000 Plus Cash 10,000 Plus Dividends 5,000 Net Change 55,000 Ending Retained Earnings 85,000
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