Message-ID: <14679748.1075853098271.JavaMail.evans@thyme> Date: Fri, 12 Oct 2001 13:55:02 -0700 (PDT) From: facundo.caminos@enron.com To: tracy.greene@enron.com Subject: Co 553 Cc: mary.fischer@enron.com Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit Bcc: mary.fischer@enron.com X-From: Caminos, Facundo X-To: Greene, Tracy X-cc: Fischer, Mary X-bcc: X-Folder: \MFISCHER (Non-Privileged)\Fischer, Mary\Deleted Items X-Origin: Fischer-M X-FileName: MFISCHER (Non-Privileged).pst Tracy, After our September close Company 553 (Enron Power and Marketing, Inc) Current SIT Liability Account (30051000) was off by $1,465,400. In April, $1,500,200 PA Tax was booked to the Franchise Tax Account (59002000). Out of the $1,500,200, only $34,600 was attributed to Franchise Tax and the remaining $1,465,400 was attrebuted to the Pennsylvania Income tax. We need to Debit the Current SIT Liability Account (30051000) for $1,465,400 and Credit the Franchise Tax Expense Account (5002000) for $1,465,200. If you have any questions call me at extension X-54771. Thanks, Facundo Caminos