Required Information Use the following Informatlon for the Exerclses below. The following Information applies to the questions displayed below Nix'lt 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 S 47,3e Sales returns and allowances 134,3 Cost of goods sold 7,66 Depreciation expense 164,18 Salaries expense 4,869 Miscellaneous expenses s 4,688 118,700 12,288 42,808 5,868 Sales Sales discounts A physical count of its July 31 year-end Inventory discloses that the cost of the merchandise Inventory still avallable is $45,200. QS 5.9 Accounting for shrlnkage-perpetueal system LO P3 Prepare the entry to record any Inventory shrinkage. ew transaction lst Journal entry worksheet Record the adjustment for inventory shrinkage based on physical count. July 31