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When DeSoto Water Works purchased equipment at the end of 2020 at a cost of $70,000, the company debited Buildings and credited Cash $70,000. The error was discovered in 2021. Prepare lhejournal entry DeSoto will use to correct the error. {If no entry is required for a transoconlevent, select \"No joumel entry required\" in 'd'le first account field.) View transaction list Journal entry worksheet