II. On May 31, 2022, OHearne Ltd. had a cash balance according to its records, of $13,400. The bank statement for that same date showed a balance in the OHearne Account of $15,230. In comparing the transactions from the bank and the company, the following items were found: 1.The bank statement showed a service charge of $80. 2.The bank statement showed two electronic transfers-in for OHearnes account, which the company had not seen as yet. $4,110 had been collected from C. Campbell, and $78 had been collected from R. Pokoj. 3.Cash sale money had been deposited in the bank by OHearne on May 12. The correct amount was $1,672. However, in the companys own records this deposit had been entered as $1,712. The bank statement showed the correct amount. 4. Outstanding checks as of April 30, 2022 totalled $2,900. Of these, $2,240 were seen by the bank in May, and those cheques were cancelled. The other outstanding checks from April were still outstanding as of May 31. Also, outstanding checks written in May totalled another $1,892. 5.A check written on May 18 to pay a bill showed the correct amount that OHearne owed: $1,370. The check went through the bank system perfectly well, but the company had shown the amount in their records as $1,136. 6.Included with the cancelled checks was a check for $1,200 written by OBearne Ltd. The bank had taken this money out of OHearnes account in error. 7.A $1,350 check from customer J. Steen was returned to OHearnes bank on May 30, and was returned to the company marked NSF, enclosed with the bank statement. The bank also charged OHearne $80 for processing this check. OHearnes deposit of May 31, made late at night to the banks night deposit vault, containing $1,926, did not appear on the May 31 bank statement.