What information is typically included in an inventory record?

Inventory records serve as essential documentation for businesses to manage their stock effectively. The primary purpose of an inventory record is to provide a detailed account of how much of a particular item has been received, how much has been issued to customers or used internally, and the remaining balance that is still in stock. This information is crucial for maintaining optimal inventory levels, preventing stockouts or overstock situations, and facilitating inventory audits.

By tracking the inflow and outflow of items, a business can make informed decisions regarding purchasing and production, ensuring that they meet customer demand without excessive surplus. This accurate accounting of quantities aids in effective inventory management and supports overall operational efficiency.

The other options, while they may provide valuable insights in other contexts, do not pertain directly to the core information captured within an inventory record. Total sales last year reflects sales performance rather than inventory levels, employee performance metrics focus on staff assessment rather than stock management, and projected market trends pertain to future market conditions instead of current inventory status. Hence, the correct choice centers on the specifics of inventory transactions.