Help Save & ExitSubmi 5 Check my work Prior to recording the following, Elite Electronics, Inc., had a credit balance of $2,100 in its Allowance for Doubtful Accounts a. On August 31, a customer balance for $310 from a prior year was determined to be uncollectible and was written off b. On December 15, the customer balance for $310 written off on August 31 was collected in full. Required: above, indicate the amount and direction (+for increase, - for decrease) of effects on the financial n the overall accounting equation, Hint: On December 15th, first reinstate the Accounts receivable Book and then Hint record the collection of cash. (Enter any decreases to Assets, Liabilities, or Stockholders Equity with a minus sign.) Assets Liabilities a. b(2)