CH$8$: Q$5$

Prior to recording the following, Elite Electronics, Incorporated, had a credit balance of $$2,600$ in its Allowance for Doubtful Accounts.

$[$A$]$: On August $31,$ a customer balance for $$360$ from a prior year was determined to be uncollectible and was written off.

$[$B$]$: On December $15,$ the customer balance for $$360$ written off on August $31$ was collected in full.

For each transaction listed above, indicate the amount and direction $(+$ or $)$ of effects on the financial statement accounts and on the overall accounting equation. Hint: On December $15$th$,$ first reinstate the Accounts receivable and then record the collection of cash. $($Enter any decreases to Assets, Liabilities, or Stockholders Equity with a minus sign.$)$

PLEASE HOW EACH STEP WHILE KEEPING THE WORK EASY TO FOLLOW. SO I CAN LOOK AT THE ANSWERS AND LEARN HOW TO DO IT MYSELF.