Smart Computers's Merchandise Inventory account at year-end is showing a balance of $47,000. The physical count of inventory came up with $46,000. Journalize the adjusting entry needed to account for the inventory shrinkage. The mpany uses the perpetual inventory system. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Date Accounts and Explanation Debit Credit Dec. 31