While Reconciling the Checking Account, an Accountant with Sonic Corporation

Multiple Choice

While reconciling the checking account, an accountant with Sonic Corporation noticed that an error had been made in recording a check received by the company.Sonic recorded the receipt as $729 and the correct amount of the check was $279.What reconciling adjustment is required?

A) Add $450 to the company's book balance
B) Deduct $450 from the company's book balance
C) Add $450 to the bank statement balance
D) Deduct $450 from the bank statement balance