Bookkeeping: Managing Inventory

Duration: 3 hours

A trading business purchases goods/merchandise/commodity from suppliers with the sole intention of re-selling the goods to its customers for profit. The purchased goods are either sold during the accounting period or they remain on hand and are referred to as stock or inventory. In this course, you'll learn about the nature of stock and the periodic system used to record inventory.


Please note: Course notes are provided in PDF format for your convenience and can be downloaded to print or view on your device.

Self Assessment Test