Nix'It Company's ledger on July 31, its fiscal year-end, includes the following selected accounts that have normal balances (Nix'it uses the perpetual inventory system). Merchandise inventory T. Nix, Capital T. Nix, Withdrawals Sales Sales discounts $ 45,800 Sales returns and allowances 131,300 Cost of goods sold 7,000 Depreciation expense 162,600 Salaries expense 4,500 Miscellaneous expenses $ 4,900 109,800 11,900 40,500 5,000 A physical count of its July 31 year-end inventory discloses that the cost of the merchandise inventory still available is $43,850. Prepare the entry to record any inventory shrinkane Journal entry worksheet Record the adjustment for inventory shrinkage based on physical count. Note: Enter debits before credits. General Journal Debit Credit Date July 31