Mr. Griffin. Receipts meaning?
Mr. Kleinman. Paid bills such as for merchandise.
Mr. Griffin. If there were any missing, that would only reduce his profit?
Mr. Kleinman. If it were missing, it would increase his profit, because it wouldn’t be charged off.
Mr. Griffin. Well, you mean for tax purposes?
Mr. Kleinman. Oh, yes.
Mr. Griffin. I was thinking of for straight business accounting whether you could tell from the records whether he had a net profit after everything was taken off.
Mr. Kleinman. It is hard to say in that business because you would have to take in a certain amount of money. You don’t know whether you have a profit or loss until you bring in all of your expenditures, your entertaining help and other help that he might have.
Mr. Griffin. On the basis though of what he did bring in to you, did he show a net profit?
Mr. Kleinman. Well, I didn’t get that far on it, because there was a lot of information that he had there that I couldn’t identify readily, and I had to get him to explain some of the transactions.