Inventory Cheat Sheet
Inventory Cheat Sheet
Inventory Cheat Sheet
Master inventory accounting with this Inventory Cheat Sheet. This one-page, printable guide explains the key concepts, journal entries and financial statement impacts of inventory transactions.
What is in the Cheat Sheet?
You’ll learn about:
Types of Inventory: Raw Materials, Work-in-Progress and Finished Goods.
Merchandising vs. Manufacturing Businesses.
How to record Purchases and Sales: recording Cost of Goods Sold and Closing Inventory.
Financial Statement Impact – How inventory affects the Balance Sheet and Income Statement
Perfect for accounting students, bookkeepers and small business owners who want a clear visual guide to inventory accounting.
How will I receive my Cheat Sheet?
The Inventory Cheat Sheet is a digital product. After completing your purchase you'll receive an email. It will contain a link to download a pdf file.
If you run into any issues then please contact me here. I’ll get back to you as soon as possible.
All prices are in USD.
This pdf was carefully put together to summarize all of the key information from my Inventory video on one page.
All digital products are copyright © Accounting Stuff Pty Ltd. For personal use by the original purchaser only. Reproduction, redistribution or resale in any form is prohibited.
Learn what inventory is and how to account for it. This tutorial covers inventory types, purchases, sales, journal entries, T-accounts and their impact on Financial Statements.
