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receipts from Clark were $58,833.83. CTC endorsed these checks
and all were deposited in the CTC CNB account. The CTC 1973 cash
receipts journal records $35,300.29 of the total payments from
Clark as "DPTC" commissions and $23,533.54 as "Caspian"
commissions.
In the notice of deficiency for 1974 respondent increased
petitioner's income from Clark by $39,972.49 "Per books" income
and $17,925.58 for "Other" income for a total of $57,898.07. In
the amendment to answer respondent asserts that there were Clark
payments deposited to the Zand FNCB London account of �17,141.67,
equivalent to $39,837.99. During 1974 Clark issued total
payments to CTC of $8,621.92 and to Diesel Power of $57,991.50,
or a total of $66,613.42. Mrs. Conway had requested that at
least some of the payments be made to the CTC CNB account, and
they were so deposited. CTC's 1974 cash receipts journal lists
$26,645.37 of this amount as CTC commissions and $39,968.05 of
this amount as Diesel Power commissions. Clark also paid the
following amounts that were not reflected on the CTC receipts
journal, and not reported as income by petitioner in 1974:
Amount Account to which deposited
$12,175.75 Zand FNCB
10,949.35 Zand FNCB
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