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How is the method used ?

2007-12-27 16:15:40 · 2 answers · asked by panda2sweet 1 in Business & Finance Other - Business & Finance

2 answers

Concealed cash is why Stu Leonard went to the pokey. Had two registers, one for regular checkout where the majority of the cash sales were recorded and the Auxilliary register which went into service when the line got too long. The tape on this register was never recorded as a sale. So the bucks were concealed.Several single proprietorships and some partnerships use this to take funds from the business without reporting it as income. Also favorite trick of wholesalers who have open hours on a weekend day for cash sales only.

2007-12-27 16:29:21 · answer #1 · answered by googie 7 · 0 1

It's an unsafe mode of sending money to someone. You wrap the money in several sheets of paper (so the money isn't visible through the envelope) and mail.

If it gets to the person it's intended for, you just saved the cost of a money order and currency conversion. If it doesn't get to the person it was intended for, you just lost your money.

2007-12-28 03:20:02 · answer #2 · answered by Anonymous · 2 0

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