Janice L. Morris - Page 11

                                       - 11 -                                         
          various sources not identified in the record and that she depos-            
          ited.  The items under the heading "Savings Deposited" were                 
          withdrawals that petitioner made from the joint savings account             
          and that she deposited.10  The items under the heading "Water Co.           
          Checks" were checks that Mr. Morris received as salary from                 
          Douglas Water Co., a company owned by John Kenny, and gave to               
          petitioner and that she deposited.  The items under the heading             
          "Less Cash Received" were cash that petitioner retained, and did            
          not deposit, at the time certain of the deposits listed above               
          were made.                                                                  
               Although petitioner's deposits analysis for 1987 showed                
          deposits totaling $6,350 under the heading "DEM Checks", checks             
          totaling $11,775 that were all drawn on the Accu-Data account               
          were paid to the order of petitioner, Mr. Morris, or cash and               
          represent amounts received by or expended on behalf of petitioner           
          during 1987.  Of the $5,425 in checks that were deposited but not           
          shown in the deposits analysis for 1987 under the heading "DEM              

          10  Withdrawals from the joint savings account during 1987, 1988,           
          and 1989 totaled $2,263, $6,473, and $20,237.23, respectively.              
          Since petitioner did not show in her deposits analysis for 1987             
          under the heading "Savings Deposited" any deposits into the joint           
          checking account of funds withdrawn from the joint savings                  
          account during that year, it appears that Mr. Morris, and not               
          petitioner, made the withdrawals from that account during 1987.             
          The record does not explain the discrepancy between the total               
          amount of withdrawals from the joint savings account during 1989            
          of only $20,237.23 and the withdrawals totaling $23,673.44 that             
          petitioner showed in her deposits analysis for that year under              
          the heading "Savings Deposited" as having been made from that               
          account during 1989 and deposited into the joint checking ac-               
          count.                                                                      




Page:  Previous  1  2  3  4  5  6  7  8  9  10  11  12  13  14  15  16  17  18  19  20  Next

Last modified: May 25, 2011