In case of the Death of a Partner, Profit till the death of deceased…

The correct answer is Option (2) → Profit and Loss Suspense Account

The profit up to the date of death is not yet known from the books, so the deceased partner’s share is brought in through a Profit and Loss Suspense Account: it is debited, and the deceased partner’s capital account is credited. The suspense account is later closed against the profit of the year.

Option (1) Revaluation Account — Incorrect. Revaluation Account records the change in the values of assets and liabilities, not the share of current profit.

Option (3) Deceased Partner’s Capital Account — Incorrect. His capital account is credited with the profit, as it is due to him.

Option (4) Deceased Partner’s Current Account — Incorrect. A current account, where kept, would also be credited, never debited, with profit due to him.