In business accounting, merchandising inventory refers to merchandise procured by a merchant for resell. Merchandising companies sell products such as clothing, auto parts and other tangible products.

Merchandise inventory is the goods and products that a business buys to resell to customers. When your small business buys merchandise from a supplier you must record the purchase in a journal entry ...

CHICAGO -- Add Nike to the list of brands and stores discounting excess merchandise to clear it off shelves, CNN reported. Nike said Thursday its inventory levels soared 65% in North America, its ...