Given the following, journalize the adjusting entry for Merchandise Inventory. Note that physical count of inventory showed a balance of $59,500 (Click the icon to view the Taccounts.) (Assume a perpetual inventory system. Record debits first, then credits. Exclude explanations from journal entries.) Journal Entry Accounts PR Dr. Cr. Data Table X Cost of Goods Sold 513 Merchandise Inventory 114 60,000 Print Done