Frisco Company's Merchandise Inventory Account at Year-End Has a Balance $$\begin{array} { | l | r | r | } \hline \text { Cost of goods sold } & 215 & \\\hline \text { Merchandite Inventory } & & 215 \\\hline\end{array}$$

Frisco Company's Merchandise Inventory account at year-end has a balance of $62,115, but a physical count reveals that only $61,900 of inventory exists. The adjusting entry to record this $215 of inventory shrinkage is:

A) $$\begin{array} { | l | r | r | } \hline \text { Cost of goods sold } & 215 & \\\hline \text { Merchandite Inventory } & & 215 \\\hline\end{array}$$
B) $$\begin{array} { | l | r | r | } \hline \text { Merchandite Inventory } & 215 & \\\hline \text { Inventory shrinkage expense } & & 215 \\\hline\end{array}$$
C) $$\begin{array} { | l | r | r | } \hline \text { Cost of goods sold } & 215 & \\\hline \text { Purchases discounts } & & 215 \\\hline\end{array}$$
D) $$\begin{array} { | l | r | r | } \hline \text { Inventory shrinkage expense } & 215 & \\\hline \text { Cost of goods sold } & & 215 \\\hline\end{array}$$
E) $$\begin{array} { | l | r | r | } \hline \text { Purchases discounts } & 215 & \\\hline \text { Cost of goods sold } & & 215 \\\hline\end{array}$$