The physical count of inventory is $590,000, inventory records ind icate $625,000. What is the necessary entry to record inventory shrinkage? A. debit Inventory, $35,000; credit Cost of Goods Sold, $35,000 B. debit Cost of Goods Sold, $35,000; cred it Inventory, $35,000 C. debit Cost of Goods Sold, $625,000; credit Inventory, $625,000 D. debit Inventory, $590,000 credit Cost of Goods Sold, $590,000