The document describes an internship that Shreyansh Sancheti completed from July 6-13, 2016 at Arihant Apparels. During the 7-day internship, Shreyansh assisted with bills, stock taking, and selling goods. Arihant Apparels is a sole proprietorship located in Guwahati, Assam that distributes readymade garments to retailers from various manufacturers in Northeast India. As an intern, Shreyansh's activities included inputting retailer information, learning about the company's bank accounts and cash transactions, and gaining knowledge in accounting practices.

2. Title Page
 Disclosure by the Internship Supervisor
This is to confirm that the intern has worked for 7 days at my company and assisted
in making bills, stock taking and selling goods.
 Internship period ( beginning and ending date): - (6th July 10, 2016 - 13th July 2016)
 Student: Shreyansh Sancheti
 Company: Arihant Apparels
 Supervisor’s name: Ajay Sancheti
 Supervisor’s signature: __________________
 Date: 13th July 2016
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3. Description of the company 3
 Arihant Apparels set up in January 2013, deals with distribution of all types of readymade
garments right from bows, ties to blazers from the manufacturers to retailers .
 The company is situated at Arun Prakash Mansion,Bhangagarh,Guwahati.
 The company has the rights of distribution for over 20 brands across the North-East.
 The ownership of this company is a sole proprietor.
 The company has twenty-one employees, they are organized into accounts department ,
warehouse department and sales department.
 The accounts department does all the billing , journalizing and posting work, the
warehouse department is responsible for the allotments made, checking the stock and
dispatching them and the sales department mainly focuses on increasing the sales of the
company,collecting payments and doing door to door bookings from the retailers,

4. Internship activities done 4
 All my activities were supervised and controlled by Mr. Kalyan Deb.
 I was responsible for all the inputs (information of goods being returned ,
damaged goods or goods wrongly delivered) coming forward from the
retailers .
 He gave me detailing about the firm’s account in various banks and their
cash transactions.
 Overall Management was described by Mr. Debu Paul and his team.
 Basically, garments come from various manufacturers and then it is
segregated in accordance with the orders received from those retailers and
sent to their doorsteps.
 The Accounting method(Accounting standards and principles) followed is

5.  I gained knowledge on how to maintain various cash bank ledger
accounts.
 I learned about the human resources employed in various sectors to
improvise the sale agenda and thereby recreating the payment
paradigm.
 I learnt for how to use the software which maintains records of stock,
pending orders, pending payments and the orders in transit.
 I also helped in allocating the goods to various retailers.
 I learnt about the terms and conditions with the manufacturers, the
trade discount on the goods supplied to retailers, the commission for
distributors,
 I also gained a lot of practical knowledge about how accounting works
in real life businesses.
 I learnt how samples are showcased in systematic manner to clarify the