Accounting questions - Partnerships?

Accounting questions - Partnerships?
These are some of the homework questions for one of my business courses; I'm totally stumped, so any help would be appreciated: True or False: 1) Two proprietorships cannot combine and form a partnership. 2) Unless stated otherwise in the partnership contract, profits and losses are shared among the partners in the ratio of their capital equity balances. (I understand the laws may vary from region to region, but this is for a Canadian accounting course) 3) If a partnership has a loss for the period, the closing entry to transfer the loss to the partners will require a credit to the Income Summary account. (Isn't it a debit to income summary?) 4) If a new partner invests in a partnership at book value and acquires a 1/4 interest in total partnership capital, it indicates that a bonus was paid to the original partners. Beyond The Next Mountain, Hey, thanks a lot for your help. In regards to #1, I know that individuals (partners) join together to form a partnership, but I thought the way the question was worded was a bit sketchy. "Proprietorship" refers to a single business, i.e. sole proprietorship. So the question is asking if two single business (NOT two individuals) can merge to form a partnership.