While Reconciling the Chequing Account,the Accountant Notices That an Error

Multiple Choice

While reconciling the chequing account,the accountant notices that an error has been made in recording a cheque received by the company.The bookkeeper has recorded the receipt as $729,but the correct amount of the cheque is $279.Which of the following reconciling adjustments is necessary?

A) adding $450 to the company's records
B) deducting $450 from the company's records
C) adding $450 to the bank statement balance
D) deducting $450 from the bank statement balance