Required information [The following information applies to the questions displayed below) Nix"It Company's ledger on July 31. Its fiscal year-end, Includes the following selected accounts that have normal balances (Nixit uses the perpetual Inventory system). Merchandise inventory Retained earnings Dividends Sales Sales discounts $ 43,300 Sales returns and allowances 126,300 Cost of goods sold 7,000 Depreciation expense 168,180 Salaries expense 4,000 Miscellaneous expenses $ 5.400 108,300 11,400 38,000 5,000 A physical count of its July 31 year-end Inventory discloses that the cost of the merchandise inventory still available is $41,600 Prepare the entry to record any inventory shrinkage. View transaction list Journal entry worksheet Record the adjustment for inventory shrinkage based on physical count. Nota Fnter debit here che Journal entry worksheet