Dialogue 2

M: Can you please show me your filing system for the company finances?

F: Certainly, we keep running tally of all money in and money out on the month to month basis, these numbers are crosscheck with all expenditure receipts and invoices of our account receivables.

M: I see, for the first quarter，your total expenditures were one hundred and fifty thousand dollars, none of which were taxed actable.

F: Yes, we must pay taxes on our total income not our adjusted income.

M: Your total intake for the first quarter period was five hundred thousand dollars, you have a gross net of five hundred thousand and the adjusted profit of three hundred and fifty thousand. Do you have something beside this report that will back up these figures.

F: In this file are all of our monthly bank's deposit notes, as well as invoice and receipts.

M: That should be adequate, have you copleted the tax form for this item?

F: Yes, we have completed the forms and paid our taxes in full.

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