I need the question b.

Requirement 1. Prepare any necessary adjusting or correcting entries called for by the situations listed, which were discovered at the end of the calendar year. With respect to each situation, assume that no entries have been made concerning the situation other than those specifically described (i.e., no monthly adjustments have been made during the year). Consider each situation separately. The same account may be used in several answers. These transactions were not necessarily conducted by one firm. Amounts are in thousands of dollars. (Record debits first, then credits. Explanations are not required.) ..... Prepare any necessary adjusting or correcting entries for each situation. a. A $4,000 purchase of equipment on December 30 was erroneously debited to Long-Term Debt. The credit was correctly made to Cash. Debit Credit a. Accounts Machinery and equipment Long-term debt 4,000 4,000 b. A business made several purchases of fuel oil. Some purchases (51,300) were debited to Fuel Expense, whereas others ($1,700) were charged to an asset account. An oil gauge revealed $900 of fuel on hand at the end of the year. There was no fuel on hand at the beginning of the year. What adjustment was necessary on December 31? Accounts Debit Credit b. Fuel expense