A merchandising company's ledger on May 31, its fiscal year-end, includes the following selected accounts that have normal balances (it uses the perpetual inventory system). A physical count of its May 31 year-end inventory reveals that the cost of the merchandise inventory still available is $656. Prepare the entry to record any inventory shrinkage 4. $300 2,100 400 600 250 $756 2,300 Other operating expenses Cost of goods sold Merchandise inventory Retained Earnings Dividends Sales Sales discounts 150 Depreciation expense 4,300 Salaries expense 50 Sales returns and allowances Date Account Debit Credit