Reporting procedures are the same for private and public corporations . True or False

Dot link for test ezto.mheducation.com/ext/map/index.html?_con-condexternal browserslaunchur http253A%2522252newconnecmeducation.com 2525 ube Translate M Gmail The politics of waiti... Help SaveER Sushi Corporation received its charter and began business in 2020. The company was authorized to issue 100,000, 55. cumulative, preferred shares and 500,000 common shares. Prepare journal entries to record the following transactions that occurred during 2020: Apr-05 Sold 5,000 common shares for $15 per share. May-14 Issued 750 common shares in exchange for legal services worth $11,250 relating to organization of the corporation pun-23 Sold 250 preferred shares for $24 per share, cash