This document is a term paper submitted by Most. Farjana Aktar, a 2nd year BBA Honors student at Carmichael College in Rangpur, Bangladesh. The term paper is about accounting for merchandising operations and is submitted to Md. Abu Sayem, an assistant professor in the accounting department. The paper contains an introduction, table of contents, and sections discussing topics such as purchases of merchandise, recording cash sales, multiple-step income statements, recording returns and allowances, and worksheets for merchandising companies. Farjana Aktar declares the paper as her original work and Md. Abu Sayem verifies he supervised the project.

1. TERM PAPER
Accounting for
Merchandising Operations
Under the Supervision of
MD. ABU SAYEM
Assistant Professor
Department of Accounting
Carmichael College, Rangpur.
Prepared By
Most. Farjana Aktar
2nd
Year (B.B.A Hon’s)
Roll-8067807
Reg- 2079181
Session: 2011-2012
Department of Accounting
Carmichael College, Rangpur
Submit Date: 15-02-2015

2. Letter of Transmittal
Date: 15-01-2015
Md. Abu Sayem
Assistant Professor
Department of Accounting
Carmichael College, Rangpur.
Subject: Submission of Term Paper on “Accounting for Merchandising Operations.”
Dear Sir,
I submit here the report that you asked for and gave me the authorization to work on selected topics
of certain field. The topic that you have given me is really an important & interesting fact for the
BBA Hon’s students. With the textual studies, acquiring practical orientation is necessary of which
you have created a big chance for me must help me to work with efficiency in future.
Kindly accept my report and oblige me thereby. Your excellent power of thinking helps me to build
up a valuable carrier in future. Thank you for encouraging me for working on this topic.
Yours’ sincerely,
Most. Farjana Aktar
2nd Year (B.B.A Hon’s)
Roll-8067807
Reg- 2079181
Session: 2011-2012
Department of Accounting
Carmichael College, Rangpur

3. Student’s Declaration
The Internship Report entitled “Accounting for Merchandising Operations” has been submitted to
the Office of Placement, in partial fulfillment of the requirements for the degree of Bachelor of
Business Administration, Major in Accounting, Faculty of Business Administration on January 15,
2015 by Farjana Aktar. Roll- 8067807, Reg. 2079181
The report has been accepted and may be presented to the Internship Defense Committee for
evaluation.
(Any opinions, suggestions made in this report are entirely that of the author of the report. The
University does not condone nor reject any of these opinions or suggestions).
................................................
Most. Farjana Aktar
2nd Year (B.B.A Hon’s)
Roll-8067807
Reg- 2079181
Session: 2011-2012
Department of Accounting
Carmichael College, Rangpur

4. Supervisor’s Declaration
I hereby declare that the concerned report entitled “Accounting for Merchandising Operations” is
an original work by, Farjana Aktar. Roll- 8067807, Reg. 2079181, BBA Hon’s 2nd
Year,
Department of Accounting, Carmichael College, Rangpur. Has completed his term paper under
my supervision and submitted for the partial fulfillment of the requirement of the degree of
Bachelor of Business Administration (BBA) at Carmichael College, Rangpur.
................................................
Md. Abu Sayem
Assistant Professor
Department of Accounting
Carmichael College, Rangpur.

5. Topic Page Number
Accounting for Merchandising Operations 01-03
Purchases Of Merchandise 04-07
Recording Cash Sales 08-11
Multiple-Step Income Statement 12-14
Recording Purchase Returns And Allowances 15
Recording Sales Of Merchandise 16
Work Sheet For A Merchandising Company
17-18
Reference 19

6. Topic Page Number
Accounting for Merchandising Operations 01-03
Purchases Of Merchandise 04-07
Recording Cash Sales 08-11
Multiple-Step Income Statement 12-14
Recording Purchase Returns And Allowances 15
Recording Sales Of Merchandise 16
Work Sheet For A Merchandising Company
17-18
Reference 19