Frisco Company's Merchandise Inventory account at year-end has a balance of $62,115, but a physical count reveals that only $61,900 of inventory exists. The adjusting entry to record this $215 of inventory shrinkage is Mutiple Choice Merchandise laventory 215 Inventory sheekage pena 215 Purchases discounts 215 Cost of goods sold 215 Cost of goods sold Purchases discounts 215 Investory shrinkage expense 215 Cost of goods and 215 cost of goods sold 215 Merchandise Investory 215