Prior to recording the following. Elite Electronics, Inc., had a credit balance of $2,800 in its Allowance for Doubtful Accounts. a. On August 31, a customer balance for $380 from a prior year was determined to be uncollectible and was written off b. On December 15, the customer balance for $380 written off on August 31 was collected in full. Required: For each transaction listed above, indicate the amount and direction (+ for increase,- for decrease) of effects on the financial statement accounts and on the overall accounting equation. Hint: On December 15th, 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.) Assets Liabilities Stockholders' Equity a. Allowance for Doubtful Accounts Accounts Receivable 380 b(1) Accounts Receivable 380 Allowance for Doubtful Accounts b(2) Cash 300 Accounts Receivable