Davidson Grocery Co. v. Lucas

ROBB, Associate Justice.

Appeal from a decision of the Board of Tax Appeals affirming the Commissioner’s determination of a deficiency in income and profits taxes for the year 1920 in the amount of $6,063.03.

Appellant taxpayer is an Idaho corporation engaged in the wholesale grocery business, with its principal offices at Boise.

The.findings of faet, which are not disputed, are as follows: At the close of the *807year 1920 appellant had outstanding the following accounts:

W. C. Martin..................$7,477.45 Silver Creek Mercantile Co....... 4,953.88 E. M. Small.................... 8,068.50 J. T.…