When DeSoto Water Works purchased a machine at the end of 2010 at a cost of $65,000,

Question:

When DeSoto Water Works purchased a machine at the end of 2010 at a cost of $65,000, the company debited Buildings and credited Cash $65,000. The error was discovered in 2011. What journal entry will DeSoto use to correct the error? What other step(s) would be taken in connection with the error?