14 At the beginning of the year, Snaplt had $13,400 of inventory. During the year, Snaplt purchased $41,800 of merchandise and sold $35,100 of merchandise. A physical count of inventory at year-end shows $14,400 of inventory exists. Prepare the entry to record Inventory shrinkage. 3 points View transaction list eBook Print References Journal entry worksheet < Record the Inventory shrinkage. Note: Enter debits before credits. Date December 31 General Journal Debit Credit Record entry Clear entry View general journal