**Calculation of Amount Payable to the Representative of a Deceased Partner**

When a partner in a partnership firm passes away, the remaining partners need to settle the accounts with the representative of the deceased partner. The amount payable to the representative of a deceased partner can be calculated using the following steps:

**Step 1: Determine the Value of the Deceased Partner's Share**
- The first step is to determine the value of the deceased partner's share in the partnership firm.
- The value of the deceased partner's share can be calculated based on the partnership deed or the agreed-upon terms between the partners.
- The value of the share can be determined by considering factors like the capital invested, share in profits, goodwill, etc.

**Step 2: Calculate the Deceased Partner's Capital Account Balance**
- The next step is to calculate the capital account balance of the deceased partner.
- The capital account balance includes the initial capital investment, additional capital introduced, share of profits, and any drawings made by the deceased partner.
- The balance of the capital account can be calculated by subtracting the total drawings made by the deceased partner from the total capital investment and share of profits.

**Step 3: Determine the Amount Payable**
- After calculating the value of the deceased partner's share and the capital account balance, the amount payable to the representative can be determined.
- The amount payable is calculated by subtracting the deceased partner's capital account balance from the value of the share.
- This amount represents the share of the deceased partner that needs to be paid to the representative.

**Step 4: Adjustments, if any**
- In some cases, there might be adjustments required before making the final payment to the representative.
- These adjustments include adjustments for goodwill, revaluation of assets and liabilities, adjustments for any undistributed profits or losses, etc.
- These adjustments are made to ensure that the final payment to the representative is accurate and fair.

It is important to note that the above steps are a general guideline for calculating the amount payable to the representative of a deceased partner. The specific calculations may vary depending on the terms of the partnership agreement and any additional factors involved. It is recommended to consult the partnership deed and seek professional advice to ensure accurate calculations and settlement of accounts.

By forming deceased partner's capital account.