The Dinho Corporation Identified the Following Data When Preparing Their

question 118

Multiple Choice

The Dinho Corporation identified the following data when preparing their April bank reconciliation:
In addition, Dinho incorrectly recorded a deposit in its books in the amount of $1,000.The correct amount was recorded by the bank as $1,200.
What is the net amount of the adjustment to Dinho's cash balance as a result of the bank reconciliation?

• A)$1,675 increase
• B)$1,700 increase
• C)$1,675 decrease
• D)$1,475 decrease

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