Question 1 Use the following information to record the following accounts using perpetual inventory system: (15 Marks) Trading inventory on 1 March 2018 $20 000 Transactions for the year ended 28 February 2019: Goods purchased for cash $ 60 000 sales of goods for cash (at cost plus mark-up of 50%) $75 000 (0) Trading inventory account (UI) Sales account (tl) Cost of sales account (iv) Trading account V) Profit and loss account