Retained earnings Dividends Sales Sales discounts 134,300 7,000 164,100 4,800 Cost of goods sold Depreciation expense Salaries expense Miscellaneous expenses 110,700 12,200 42,000 5,000 A physical count of its July 31 year-end inventory discloses that the cost of the merchandise inventory still availab $45,200. Prepare journal entries to close the balances in temporary revenue and expense accounts. Remember to consider the e shrinkage from QS 4-9. (The solution from QS 4-9 is required to complete this question.) Answer is not complete. No Date General Journal Debit Credit 1 July 31 176,400 & x Sales Sales discounts Sales returns and allowances Cost of goods sold Depreciation expense Salaries expense 4.800 X 4,600 112.800 X 12,200 x x 4.200 Retained earnings Dividends Sales Sales discounts 134,300 7,000 164,100 4,800 Cost of goods sold Depreciation expense Salaries expense Miscellaneous expenses 110,700 12,200 42,000 5,000 A physical count of its July 31 year-end inventory discloses that the cost of the merchandise inventory still availab $45,200. Prepare journal entries to close the balances in temporary revenue and expense accounts. Remember to consider the e shrinkage from QS 4-9. (The solution from QS 4-9 is required to complete this question.) Answer is not complete. No Date General Journal Debit Credit 1 July 31 176,400 & x Sales Sales discounts Sales returns and allowances Cost of goods sold Depreciation expense Salaries expense 4.800 X 4,600 112.800 X 12,200 x x 4.200