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account. At some point during the business day, he would deposit
cash into Cedar Hill’s bank account.
Mr. Parsons did not receive regularly scheduled, pro rata
installments of his salary from Cedar Hill. Instead, either Mr.
or Mrs. Parsons would take cash from Cedar Hill’s proceeds as
needed for living expenses. On occasion, Mr. Parsons would
remove cash from the Cedar Hill registers during the business
day, and either he or Mrs. Parsons would record the withdrawal on
the pink sheets on the personal drawing line. In the evening,
Mrs. Parsons would sometimes remove cash that had been brought
home from Cedar Hill and use it for the Parsonses' personal use.
Mrs. Parsons recorded these withdrawals on the pink sheets as
personal draws. The withdrawals of cash that were recorded as
personal draws on the pink sheets and the value of any business
checks written for personal expenditures were tallied at yearend
by SMR and offset against the salary due Mr. Parsons. Cedar Hill
would then issue a check to Mr. Parsons for any remaining salary
due him.
However, not all cash taken by Mr. Parsons from Cedar Hill’s
proceeds was recorded on the pink sheets. On many occasions, Mr.
Parsons would remove cash from the previous day’s proceeds that
had been counted by Mrs. Parsons the previous evening, had been
recorded on the pink sheets as deposited, and was awaiting
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Last modified: May 25, 2011