What Are Inventory Subsidiary Ledger Accounts

Inventory Subsidiary Ledger Accounts are prepared to record the inventory records of each product separately. The sum of each product’s balances are sum up and transferred to one single Inventory Control Ledger Account for the period.

For Example, Product - A, Product - B and Product - C are traded in a ABC Company. All the balance from these Products A, B and C ledger accounts are controlled and sum up in inventory control ledger accounts.