This case has been cited 1 times or more.
|
2013-02-18 |
BERSAMIN, J. |
||||
| The invocation of the rule is misplaced, however, because the rule speaks of a situation where the person who made the entries is dead or unable to testify, which was not the situation here. Regardless, we have to point out that entries made in the course of business enjoy the presumption of regularity.[53] If properly authenticated, the entries serve as evidence of the status of the account of the petitioners. In Land Bank v. Monet's Export and Manufacturing Corporation,[54] the Court has explained that such entries are accorded unusual reliability because their regularity and continuity are calculated to discipline record keepers in the habit of precision; and that if the entries are financial, the records are routinely balanced and audited; hence, in actual experience, the whole of the business world function in reliance of such kind of records. | |||||