From man dos2unix
:
The Dos2unix package includes utilities "dos2unix" and "unix2dos" to
convert plain text files in DOS or Mac format to Unix format and vice
versa.
In DOS/Windows text files a line break, also known as newline, is a
combination of two characters: a Carriage Return (CR) followed by a
Line Feed (LF). In Unix text files a line break is a single character:
the Line Feed (LF). In Mac text files, prior to Mac OS X, a line break
was single Carriage Return (CR) character. Nowadays Mac OS uses Unix
style (LF) line breaks.
Besides line breaks Dos2unix can also convert the encoding of files. A
few DOS code pages can be converted to Unix Latin-1. And Windows
Unicode (UTF-16) files can be converted to Unix Unicode (UTF-8) files.
...
-ascii
Convert only line breaks. This is the default conversion mode.
dos2unix
thus can do more than converting line breaks, but default behavior is only that.
If your file is in wrong encoding, you would have to deal with it with dos2unix
too.