The Roosevelt Company issued common stock for cash and recorded this journal entry. Unearned Revenue XX Cash XX Determine the effect of the error on the following: Select one: a. Net Income Overstated Total Retained Earnings Overstated Total Owner's Equity Overstated b. Net Income Overstated Total Retained Earnings Overstated Net Income Understated d. Net Income No error Total Owner's Equity No error Total Retained Earnings Understated Total Owner's Equity Understated Total Retained Earnings No error Total Owner's Equity Understated Net Income No error Total Retained Earnings No error Total Owner's Equity No error