On the death of a partner in a firm payments are made to:

Capital A/c Executor"s A/c Current A/c Loan A/c

Executor"s A/c

It may noted that the accounting treatment for disposal of amount due to retiring partner and deceased partner is similar with a difference that in case of death of a partner, the amount credited to him/her is transferred to his Executors’ Account and the payment has to be made to him/her.