O d. Understated, Understated O e. No Error, Overstated Question 28 The Roosevelt Company issued common stock for cash and recorded this journal entry. Not yet anwered Unearned Revenue Revenue xx Points out of 3.00 Flag question XX Determine the effect of the error on the following Select one: O a. Net Income Overstated Total Retained Earnings Overstated TotalOwners Equity Overstated b. Net Income Overstated Total Retained Earnings No error TotalOwner's Equity No error . Net Income Understated Total Retained Earnings No error Total Owners Equity Understated Od Net Income Overstated Total Retained Earnings Overstated Total Owners Equity No error e. Net Income Understated Total Retained Earnings No error Total Owners Equity Overstated