Difference Between Inventory And Office Supplies
I nventory or Stock or Merc ha ndise are goods remain unsold at t he e nd of t he accou nting period w hile Office Supplies are co nsumab le items remai n on ha nd or existed in t he b usi ness for use during t he accou nting period. I nventory is related to goods purc hased b y the b usi ness for resale purposes w hile office supplies purchased b y the compa ny to use or consume in t he b usi ness and not for resale purposes.