Farrell and Jimmy enter into a partnership agreement on May 1, 2017. Farrell contributes $50,000 and Jimm contributes $150,000 as their capital contributions. They decide to share profits and losses in the ratio of the respective capital account balances. The net loss for the year ended December 31, 2017 is $40,000. The ca account of Farrell should be with the amount of loss. O A. debited OB. credited OC. increased O D. halved