[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 Sales Sales discounts $ 41,300 122,300 7.000 158,300 3.600 Sales returns and allowances Cost of goods sold Depreciation expense Salaries expense Miscellaneous expenses $ 5,800 107,100 11,000 36,000 5.000 A physical count of its July 31 year-end inventory discloses that the cost of the merchandise inventory still available is $39,800 Journal entry worksheet