Share of profit of deceased partner from beginning of year to date of death is usually computed using

1. A common method (Time Basis) prorates last year's profit for the number of months till the death. 2. Alternatively the Turnover/Sales basis may be used if past-period sales data exist. 3. Both methods rely on existing trends, not on capital or sacrificing ratios. 4. Hence (C) is the standard approach. _Source: Maharashtra Balbharati Std XII Book-Keeping & Accountancy, Ch 5 "Reconstitution of Partnership (Death of Partner)", §5.2 ¶§5.2_