5. Partners H& I share profit and loss in an agreed ratio of 90/10. In the case of a net loss of $10,000, Partner l's capital account would be: credited for $1,000 debited for $9,000 debited for $1,000 would not be affected since it was a loss. Question 6 1 pts None of the other answers are correct Debited for $90,000 Debited for $45,000 Debited for $40,000 Question 7 1 pts 7. An LLC is a hybrid type of organization that has advantages of Proprietor and partner Partner and corporation Proprietor and corporation S corporation and C corporation Question 8 1 pts 8. Partners active in a partnership business should have their share of partnership profits based on the following A combination of salaries plus interest based on average capital balances. A combination of salaries and percentage of net income after salaries and any other allocation basis. Salaries only Percentage of net income after salaries are paid to inactive partners