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hi there Im Janet welcome to this lesson we are going to learn how to write an inventory an inventory is a detailed list of items it can be prepared for the purpose of insurance or to show clear records of the property a person or a company has for example a Schoolhouse buildings Furniture stationery office equipment library books kitchen provisions and sporting equipment now in order to keep check on all these are school for example possesses then inventory is a must keep an inventory contains details about the quantity of the item description of the item date of purchase or delivery date of issue signature of the person removing it from the store balance of each item after issue now what is the importance of this inventory inventory helps keep attack on what you have it helps provide basic information for quick auditing in a big institution like at the end of a year or the end of a term in a big school then auditing will be quick to do it helps to keep a record of what needs to be r
