Nix'It Company's ledger on July 31, its fiscal year-end. includes the following selected accounts that have normal balances (Nix'lt uses the perpetual inventory system). A physical count of its July 31 year-end inventory discloses that the cost of the merchandise inventory still available is exist35, 900. (The following Information applies to the questions displayed below] Prepare journal entries to close the balances in temporary revenue and expense account. Remember to considers entry for shrinkage