- 6 - from various purchasers. Mr. Coyle received the cash from the sales of wheels and axles. Regal and Mr. Coyle did not issue invoices to the purchasers of wheels and axles. Regal and Mr. Coyle received receipts of purchase from Roach Mobile Home and Mr. Gibson that Mr. Coyle retained for a short but unspecified period. It was the practice of Roach Mobile Home for its driver who purchased and picked up wheels and axles to prepare a receipt of purchase indicating the seller of the wheels and axles and the amount paid for each item. Each receipt was a two-part ticket. The driver gave one-half of the receipt to the seller and returned the other half to the office of Roach Mobile Home. Roach Mobile Home kept a record of its purchases by entering information from each receipt into its computer. Roach Mobile Home’s receipts from 1991 through 1993 indicate that Roach Mobile Home paid Regal the following amounts for wheels and axles: Apr.--Dec. 1991 $6,681.25 Jan.--Mar. 1992 7,267.00 Apr.--Dec. 1992 37,783.25 Jan.--Mar. 1993 7,957.25 Apr.--Dec. 1993 26,658.00 It was the practice of Mr. Gibson to provide the seller of wheels and axles with a receipt and to retain a copy of the receipt in company records. Mr. Gibson usually paid the cash directly to Mr. Coyle or his father, Thomas Coyle, who also worked for Regal. If Mr. Gibson received delivery of the wheelsPage: 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