what are the ledger account entries and balances for the following postings? 1. January 1: Debit: Vehicles - $350,000 Credit: Vehicle Loan - $350,000 Explanation: 2. February 6: Debit: Impairment Expense - $50,000 Credit: Accumulated Amortization - Patent - $50,000 3. March 25: Debit: Investment in Bonds - $45,000 Credit: Cash/Bank - $45,000 4. April 5: Debit: Construction Equipment - $120,000 Credit: Cash/Bank - $120,000 5. May 1. Debit: Right-of-Use Asset - $510,800 Credit: Lease Liability - $510,800 6. June 14: Debit: Accumulated Depreciation - Forklift - $5,200 Debit: Loss on Disposal of Forklift - $2,300 ($7,500 - $5,200) Credit: Forklift - $7,500 Now, let's address the entries for June 30: 7. Book the depreciation for the first half of the year on the vehicles purchased on January 1: Debit: Depreciation Expense - Vehicles Credit: Accumulated Depreciation - Vehicles Explanation: Book the depreciation for the first half of the year on the construction equipment purchased on April 5: Debit: Depreciation Expense - Construction Equipment Credit: Accumulated Depreciation - Construction Equipment 9. Book the interest for the first half of the year on the fleet of vehicles purchased on January 1: Debit: Interest Expense Credit: Vehicle Loan Interest Payable 10. Book the amortization for the first half of the year on the right-of-use leased asset from May 1: Debit: Amortization Expense - Right-of-Use Asset Credit: Accumulated Amortization - Right-of-Use Asset