# Inventories notes

> CAPS-aligned study notes for Inventories in Grade 12 Accounting. Browse the sections below for explanations, worked examples and exam preparation.

- Page: https://www.hlayiso.com/grade-12/accounting/notes/inventories

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## Sections in Inventories

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- [Inventories](https://www.hlayiso.com/grade-12/accounting/notes/inventories/inventories) — Inventories Inventory valuation determines the value of trading stock reported on the Balance Sheet and directly affects the cost of sales (and therefore gross profit) on the Income Statement. In…
- [Inventory systems](https://www.hlayiso.com/grade-12/accounting/notes/inventories/inventory-systems) — Inventory Systems Every business that buys and sells goods must keep track of its inventory — the trading stock held for resale. The way a business records, monitors, and controls its stock is…
- [Inventory valuation methods](https://www.hlayiso.com/grade-12/accounting/notes/inventories/inventory-valuation-methods) — Inventory Valuation Methods When a business uses the perpetual inventory system, it must also decide how to assign a cost price to each unit of stock sold. This decision determines how the value of…

## Other Accounting topics

- [Basic Accounting Concepts](https://www.hlayiso.com/grade-12/accounting/notes/basic-accounting-concepts)
- [Companies](https://www.hlayiso.com/grade-12/accounting/notes/companies)
- [Manufacturing](https://www.hlayiso.com/grade-12/accounting/notes/manufacturing)
- [Budgets](https://www.hlayiso.com/grade-12/accounting/notes/budgets)
- [Reconciliations](https://www.hlayiso.com/grade-12/accounting/notes/reconciliations)
- [Value Added Tax (VAT)](https://www.hlayiso.com/grade-12/accounting/notes/value-added-tax-vat)
- [Fixed Assets](https://www.hlayiso.com/grade-12/accounting/notes/fixed-assets)

## Frequently asked questions

### What is covered in Inventories for Grade 12 Accounting?

The Inventories section covers all key concepts from the Grade 12 Accounting CAPS curriculum, including detailed explanations, worked examples, and exam preparation tips.

### Are the Inventories notes free?

Yes. Each section has a free preview, and a free Hlayiso account lets you read the full notes.

### How do these notes help with exam preparation?

Our Inventories notes are CAPS-aligned and include worked examples, common mistakes to avoid, and exam tips — everything you need to prepare for your Grade 12 Accounting exams.

### Are there quizzes for Inventories?

Yes. Hlayiso has quizzes for Inventories in Grade 12 Accounting. Test your understanding after reading the notes.

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