NixIt Companys ledger on july 31 its fiscal year-end includes the following sele

NixIt Companys ledger on july 31 its fiscal year-end includes the following selected accounts that have normal balances (NixIt uses the perpetual inventory system).Merchandise inventory $37800TNix. Capital.. 115300T.Nix Withdrawls. 7000Sales.. 160200Sales discounts. 4700Sales returns and allowances.. $6500Cost of goods sold.. 105000Depreciation expense.. 10300Salaries expense. 32500Miscellaneous expenses.. 5000A physical count of its July 31 year-end inventory discloses that the cost of the merchandise inventory still available is $35900. Prepare the entry to record any inventory shrinkage.