Partnership name

Computation of partners’ ___________ for YA2020

RM RM
Net profit as per SOPL XXX

+) non- allowable expenses XXX

+) partner’s private expenses/ benefits to partners

Salary XXX
Interest on capital XXX
Allowances XXX XXX
PROVISIONAL ADJUSTED INCOME XXXX

-) partner’s private expenses/ benefits to partners XXX

DIVISIBLE INCOME XXXX

Pre – divisible income
Post –divisible income

PARTNER A PARTNER B
Pre – divisible income XXX XXX
Post –divisible income XXX XXX

+) partner’s private expenses/ benefits to partners XXX XXX

ADJUSTED BUSINESS INCOME XXXX XXXX

+) balancing charge XXX XXX

-) capital allowances (XXX) (XXX)
-) balancing allowance (XXX) (XXX)

STATUTORY BUSINESS INCOME XXX XXX

+) other income XXX XXX

AGGEREGATE INCOME XXX XXX

-) approved donations (XXX) (XXX)

TOTAL INCOME XXX XXX