On the death of a partner, the deceased partner's capital account will not be credited with :-

When a partner dies, their capital account needs to be settled by recording all amounts due to them and all amounts they owe to the firm.

Amounts Credited to Deceased Partner's Capital Account:

Share of goodwill (Option 1) → Credited because the deceased partner has a right to their share in the firm's goodwill

Salary/Commission/Bonus (Option 2) → Credited because any remuneration due till the date of death must be paid

Interest on Capital (Option 3) → Credited because interest earned on capital till the date of death is due to the partner

Amount NOT Credited:

Interest on Drawings (Option 4) → This represents a charge against the partner, not an amount due to them. Since the partner has withdrawn money from the firm, interest on such drawings is an expense for the partner and reduces their claim. Therefore, it is debited to the deceased partner's capital account, not credited.

The journal entry for interest on drawings would be:

Deceased Partner's Capital A/c ... Dr

To Interest on Drawings A/c

This reduces the amount payable to the deceased partner's legal representatives.