Partnership

Even if partners have died on different dates, its possible to calculate the balance due to a particular partner as on the day when he died...  If dearh takes place during the year, u can prepare his capital A/c and make credit of his share of profit by preparing a P&l suspense a/c. This P&l suspense a/c will have a figure of profit earned on an estimate basis from start of year to the D- day of a partner.

If u dnt want to settle decesed partner claim, u can give an option of Sec37 of partnership act to the legal hier of deceased partner....