Requlred Informetlon 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 Retained earnings Dividends Sales Sales discounts $5,58e 188,8ee 11,3ee 37,5e8 5,8e8 $42,88e Sales returns and allowances Cost of goods sold 125, 3 ciation expense 159,68e Salaries expense 3,98e Miscellaneous expenses A physical count of its July 31 year-end inventory discloses that the cost of the merchandise inventory still available is $41.150 Prepare the entry to record any inventory shrinkage. View transaction list Journal entry worksheet Record the adjustment for inventory shrinkage based on physical count. Note: Enter debits before credits. Date General Journal Debit Credit July 31 Record entry Clear entry View general journal