please answer both

a.

b.

When two or more individuals may work together to get around prescribed control activities, this limitation of internal control is known as management override human error cost/benefit consideration collusion Prepare the journal entries to record the following sales transactions in Bridgeport Corp's books. Bridgeport uses a perpetual inventory system. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts.) Jan 2 5 Bridgeport sold $ 52,000 of goods to Xtra Inc. terms /45. FOB destination. The cost of the goods sold was $29,120 Bridgeport expected a return rate of 15% The appropriate company paid freight costs of $ 1.040, Xtra returned 6,400 of the merchandise purchased from Bridgeport on January 2, because it was not needed. The cost of the merchandise returned was $3.584, and it was restored to inventory. Bridgeport received the balance due from Xtra. 6 11 Date Credit Debit Account Titles and Explanation Jan. 2 To record credit sale) Nu 2 (To record cost of goods sold) 5 6 (To record return of goods) 6 6 (To record cost of goods returned) 5 (To record return of goods) 6 (To record cost of goods returned) 11