Subject: Co 553
From: [email-masked]
To: [email-masked]
Cc: [email-masked]
Date: Fri, 12 Oct 2001 13:55:02 -0700 (PDT)

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