The inventory required in Section 725.02 shall contain a complete and accurate list of all the stock of goods, wares and merchandise to be sold at any sale for which a license is required, together with the wholesale price thereof. The inventory shall be signed by the person, firm or corporation seeking the license or by an authorized resident agent. The applicant or agent shall swear or affirm by affidavit that the information given is full and true. No person shall sell, offer or expose for sale at any such closing-out sale, or list on such inventory, any goods, wares or merchandise which are not the regular stock of the store or other place which is to be closed out by such sale; or shall any person make any replenishments or additions to such sale stock during the conduct of the sale. No person shall fail, neglect or refuse to keep accurate records of the articles or things sold, from which records the City Manager may ascertain the kind, quantity or number sold.
(1980 Code 111.26)