intermediate accounting

On August 31st, UN Inc. utilized the call provision on its $100,000 worth of outstanding callable bonds at a call price of 105 . These bonds were originally issued at a price of 95 . According to UN's books, the balance of discount on bonds payable was $2,500. After calling the bonds, UN Inc. cancelled the entire lissue. Record the iournal entru to extineuish this outstandine debt. Rosie Robotics has been experiencing significant financial difficulties in recent times. On December 31st, 2017, a $200,000,10-year, 5% notes payable was due to Copper City Bank that Rosie Robotics did not have the means to repay. Copper City Bank agreed to accept a 20-acre tract of land in exchange for full settlement of this loan obligation. Rosie Robotics incurred the following costs related to the land: Assume that the land currently has a fair value of $175,000 that the land improvements have a fair value of $0, and that these land improvements are fully depreciated on Rosie's books., Please record the journal entry on Rosie Robotics' books to settle this debt via the transfer of this asset to Copper City Aankine Assume that instead of transferring the tract of land and the accompanying land improvements to Copper City Banking. Rosie Robotics instead issued 5,000 shares of its $1 par common stock to the bank in order to settle this debt. At the time of this settlement, the current market value of Rosie Robotics' common stock was $36. Please record the journal entry to settie this debt via the transfer of equity to Copper City