The Inventory account appears on the:

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The Inventory account is an asset account that represents the value of goods held for sale or use in operations. As an asset, it appears on the Balance Sheet which shows the company's financial position at a specific point in time. The Statement of Retained Earnings shows how the company's profits were retained or distributed to shareholders over time. The Income Statement shows revenues, expenses, and net income or loss over a period of time. The list of liabilities is a separate document that lists the company's debts and obligations.

The Inventory Account Appears on The