Instructions Castle Furnishings Company's perpetual inventory records indicate that 5675,400 of merchandise should be on hand on November 30, 2019 The physical inventory indicates that 5663,800 of merchandise is actually on hand Journalize the adjusting entry for the inventory shrinkage for Castle Furnishings Company for the year ended November 30, 2019. Assume that the inventory shrinkage is a normal amount Refer to the Chart of Accounts for exact wording of account es ASSETS REVENUE 110 Cash 410 Sales 120 Accounts Receivable 610 Rent Revenue 125 Notes Receivable EXPENSES 510 Cost of Merchandise Sold 130 Merchandise Inventory 131 Estimated Returns Inventory 140 Office Supplies 141 Store Supplies 521 Delivery Expense 142 Prepaid Insurance 180 Land 192 Store Equipment 193 Accumulated Depreciation Store Equipment 194 Office Equipment 195 Accumulated Depreciation Office Equipment 522 Advertising Expense 524 Depreciation Expense-Store Equipment 525 Depreciation Expense-Office Equipment 526 Salaries Expense 531 Rent Expense 533 Insurance Expense 534 Store Supplies Expense 535 Office Supplies Expense JOURNAL DEBIT POST. REF CREDIT ASSE DATE DESCRIPTION Adjusting Entries 1 2