01 July 2018
Sir, I am Accountant in Partnership Firm company, This year account finalization 31st July 2018. But small Doubt, How to Compute Book Profit ? * Annual Sales or Turnover Rs.75,85,200 Total . * Our Profit around Rs.6,80,000/- * Capital Investment Rs.15,00,000 ( 3 Partners each 5L) How to compute Reversal calculation basis my Book Profit? Thanking Santhosh