Pass the Journal entry when an unrecorded liability of ₹ 15,000 is settled at ₹ 10,000 and paid by X, a partner on the dissolution of a firm?

(a) Pass the Journal entry when an unrecorded liability of ₹ 15,000 is settled at ₹ 10,000 and paid by X, a partner on the dissolution of a firm?

(b) What Journal entry will be passed when a machine having a book value of ₹ 15,000 is given to Rakesh, a creditor of ₹ 22,000 at an agreed value of ₹ 12,000 towards part payment of his dues?