Flint Co. owes $181,300 to Buffalo Inc. The debt is a 10-year, 11% note. Because Flint Co. is in financial trouble, Buffalo Inc. agrees to accept some land and cancel the entire debt. The land has a book value of $96,500 and a fair value of $129,600. (a) Prepare the journal entry on Flint's books for debt restructure. (b) Prepare the journal entry on Buffalo's books for debt restructure (If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.) No. Account Titles and Explanation (a) Flint Co.'s entry: Debit Credit (b) Buffalo Inc. entry