9. On December 31, Axer's Pharmacy's Merchandise Inventory account is showing a balance of $45,000. The physical count of inventory came up with $44,300. Journalize the adjusting entry needed to account for the inventory shrinkage. The company uses the perpotual inventory system. (Record dobits first, then credits. Select the explanation on the last line of the journal entry table.) 9. On December 31, Axes Pharmacy's Merchandise Inventory account is showing a balance of $45,000. The physical count of inventory came up with $44,300. Jeurnalize the adjusting entry needed to account for the inventory shrinkage. The company uses the perpetual inventory system Record debits first, then credits. Select the explanation on the last line of the journal entry table.)