The first duty of the administrator after receiving his appointment is to make out a full and complete inventory of all property, real, personal and mixed, which shall come into his hands, possession or knowledge, describing particularly the real estate, consideration and title, the nature and amount of all annuities, income, rents, cash, goods, chattels, effects, rights, credits, designating the credits as good, doubtful, or desperate. This inventory must be filed in the office of the clerk and presented to the court for approval. The inventory need not fix the value of the different articles listed, but should contain a full description of all the effects belonging to the decedent. The inventory may be supplemented if occasion require the change. It has been held that an inventory may be filed even after the discharge of the administrator.8

6 Biglow vs. Cody, 171 Ill., 229; Penn vs. Gogler, 182 Ill., 76; Lockwood vs. Stradley, 1 Del. Ch., 298.

7 Rutt vs. Rutt, 11 Col. C C, 36; Burr vs. Bloemer, 174 Ill., 638.

(a) The purpose of an inventory is to guide the court, protect the interests of the heirs, afford to the administrator protection and serve as a limitation upon the extent of his liability.