Stephen used a reconciliation worksheet, but his checkbook balance does not match the final worksheet balance. Evaluate the following list of possible errors that he has made. Decide which items could potentially correct this problem if found and corrected. Item numberName of potential errorExplanation of what to verifyIClearing the checkbookAll the transactions on the statement that match transactions in the checkbook should be marked as cleared in the checkbook.IICorrecting checkbook omissionsAll transactions on the statement that were not found in the checkbook should have been entered into the checkbook.IIIOutstanding credits and debitsVerify that the sum of outstanding credits and the sum of outstanding debits are correct.IVMathVerify that all addition and subtraction has been done correctly and there are no transpositions of numbers.VPrevious reconciliationVerify that the previous reconciliation was performed correctly, and that all cleared items are marked as such in the checkbook.Choose the option below that correctly describes the items that could have caused this problem with Stephen’s reconciliation.a.I, III, IV, and V could cause the problem, but not II.b.I, II, III, and V could cause the problem, but not IV.c.All five of the potential errors could cause this sort of problem.d.I and II could cause the problem since there are no math errors.