L L 2) In the expanded ledger, the Capital account holds only value of any additional. Capital and the by the owner. (2) 3) When accounts have balances on the opposite side to their normal balance, the balance is How is it possible for an Accounts said to be Receivable account to have the above kind of balance? (2) 4) Joe Doaks earned $15,000 this month selling his imported Lithuanian cigars. His costs of doing business for this same month were $6,000, and he withdrew $1000 for his monthly salary as sole proprietor. Calculate Joe's Net Income. (2) ttttt 5) When Revenues are less than Expenses for a given accounting period, the owner of the 110 business suffers a . () 6) Even if a business earns a profit (earns more than it spends), is it still possible to have a decrease in Capital, Yes or No? If Yes, how does this happen? (2)