Accounting for a deceased partner’s share of profit earned up to the date of death primarily serves which purpose?

Correct answer: Equitable determination of rights

A deceased partner is legally entitled to the share of profit earned up to the date of death. Crediting this amount to the partner’s capital or current account ensures a fair determination of the amount payable to the legal representative or executor. The matching principle in option D concerns recording related revenue and expenses in the same accounting period; it does not primarily deal with settling a deceased partner’s claim. Exam tip: Profit up to the date of death is calculated separately and credited to the deceased partner’s account.