Inventory Shrinkage House of Clean Company's perpetual Inventory records indicate that $208,270 of merchandise should be on hand on January 31, 2016. The physical Inventory indicates that $191,610 of merchandise is actually on hand. Journalize the adjusting entry for the inventory shrinkage for House of Clean Company for the year ended January 31, 2016. Assume that the inventory shrinkage is a normal amount. January 31