Required information [The following information applies to the questions displayed below) Nixit Company's ledger on July 31, its fiscal year-end, Includes the following selected accounts that have normal balonces (Nix it uses the perpetual Inventory system) Merchandise inventory Retained earnings Dividends Sales Sales discounts $46,800 Sales returns and allowances 133,300 Cost of goods sold 7,000 Depreciation expense 163,600 Salaries expense 4,700 Miscellaneous expenses $4,700 110,400 12,100 41.500 5.000 A physical count of its July 31 year-end Inventory discloses that the cost of the merchandise inventory still available is $44,750 Prepare the entry to record any inventory shrinkage View transaction list Journal entry worksheet