On December 5, Elsa Corp. was notified that Anna Ltd. filed for bankcruptcy and therefore decided to write off $3,000 owed by Anna. On December 20, Anna informed Elsa that $1,500 of the amount written off can be recovered and made the payment to Elsa. How would Elsa record the transaction on December 20? Question 1 options: a) 1) Debit Accounts Receivable $3,000 and credit Allowance for Doubtful Accounts $3,000. 2) Debit Cash $1,500 and credit Accounts Receivable $1,500. b) 1) Debit Accounts Receivable $3,000 and credit Allowance for Doubtful Accounts $3,000. 2) Debit Cash $3,000 and credit Accounts Receivable $3,000. c) 1) Debit Allowance for Doubtful Accounts $1,500 and credit Accounts Receivable $1,500. 2) Debit Accounts Receivable $1,500 and credit Allowance for Doubtful Accounts $1,500. d) 1) Debit Accounts Receivable $1,500 and credit Allowance for Doubtful Accounts $1,500. 2) Debit Cash $1,500 and credit Accounts Receivable $1,500. e) 1) Debit Allowance for Doubtful Accounts $3,000 and credit Accounts Receivable $3,000. 2) Debit Accounts Receivable $1,500 and credit Allowance for Doubtful Accounts $1,500.