Prior to recording the following, Elite Electronics, Incorporated, had a credit balance of $$2,000$ in its Allowance for Doubtful Accounts.

a$.$ On August $31,$ a customer balance for $$300$ from a prior year was determined to be uncollectible and was written off.

b$.$ On December $15,$ the customer balance for $$300$ written off on August $31$ was collected in full.

Required:

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.$)$

$\backslash$table$[[,,,=,,$Liabilities,$+,$Stockholders' E$],[$a$.,$Accounts Receivable,$(300),=,$Accounts Receivable,$0,+,$Allowance for Doubtful Accounts$],[$a$.,$Cash,$300,=,$Cash,$0,+,$Accounts Receivable$],[b(1),,,=,,,+,],[b(1),,,=,,[,+,],[b(2),,,=,,?,+,],[b(2),,,=,,,+,]]$