While reconciling the checking account, the accountant noticed an error had been made in recording a check received by the company. The bookkeeper had recorded the receipt as $729 but the correct amount of the check was $279. Which of the following reconciling adjustments is necessary? Add $450 to the company's records. Deduct $450 from the company's records. Add $450 to the bank statement balance. Deduct $450 from the bank statement balance