When a partner dies, which item is generally added to the partner’s capital account up to the date of death?

Correct answer: Share of profit earned up to the date of death

The deceased partner is entitled to his share of the profit earned by the firm up to the date of death. Therefore, this amount is credited to the deceased partner’s capital account. Profit or loss arising after the date of death is generally not added to that account. Exam tip: Profit up to the date of death may be estimated on the basis of time or sales.