QUESTION 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. 5.2 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. 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. (8)