FIVE 5.1 [20] Neil Brown is a businessman who buys packages of goods and wholesales the package for cash. His business is registered as a Vat Vendor. During March 2022 he purchased for cash a package of goods for R28 000 (exclusive of 15% Vat). Neil used a mark-up of 30% on the cost price and sold the package for R41 860 (Inclusive of 15% VAT). Neil uses the perpetual inventory system to keep records of his trading activities. Required: Record general journal entries for the purchase and sale of the package of goods. You do not have to record the dates but must include a brief narration appropriate for both the purchase and sale of the goods above. (8) 5.2 Mary has a general dealer business and uses the periodic inventory system to keep records of buying and selling goods. The following information was extracted from the accounting records for financial year ended 30 June 2020. List of selected accounts at 30 June 2021 Trading inventory: 1 July 2020 Purchases Sales Purchases returns Sales returns Settlement discounts received Settlement discounts granted Transport inwards (from suppliers) Transport outwards (to customers) R 225 000 916 400 1 668 800 17 300 20 700 32 600 17 900 45 200 23 100 Additional information: 1. Trading inventory at 30 June 2021 was taken and valued at R203 400. 2. 3. Neil took inventory worth R18 100 for his personal use. This has not been recorded in the above accounting records. Insurance on goods transported from suppliers for R7 400 is also not yet included in the above information. Required: Prepare only the trading section of the Statement of profit or loss and other comprehensive income for Mary's General Dealers for the year ended 30 June 2021. (12)