United States Board of Tax Appeals February 18, 1927, Docket No. 6190. (Lee Lash Co. v. Commissioner)

lead-opinion

*168OPINION.

Phillips:

The accounts of the petitioner with respect to commissions earned and paid to its salesmen are kept in a manner which is very confusing, so far as the determination of its true income for tax purposes is concerned. In other respects it appears to keep its books upon a proper accrual basis.