Please provide a detailed and accurate response, please.

3. The following transactions relate to L. Larimore's business: 1 April He acquired land $10 000 from B & M Reality Ltd on credit. 2 April He purchased a new vehicle for cash from BNC Motors Ltd $20 000. 3 April J. Turnaround, a debtor, owed $250 on March 31. He is unable to pay his account in cash. Mr. Larimore received office supplies to the value of $250 in full settlement of the debt. 5 April Mr. Larimore paid a bill of $300 for insurance. Later, he discovered that this amount was insurance for his private home. 7 April A new vehicle, costing $20 000, was depreciated 20% of cost. REQUIRED: Prepare the journal entries with appropriate narratives and folio references to record Mr. Larimore's transactions for the week of 7 April 2013. TOTAL MARKS [14] JOURNAL Date Details Folio DR CR