Problem: BODY: Here are some thoughs on how we would account for the Offsystem Storage. Facts NNG moves 100,000 dts from physical inventory to Offsystem inventory. No accounting entry made to the G/L. I will look into Form 2 physical reporting changes. Offsystem inventory is reduced 2,000 dts to reflect in-kind fuel reduction. Case 1 In-Kind is replaced by simple purchase from 3rd party, NNG incurrs the cost. Debit 803 (Gas Purchases) or 858 (Fuel exp) 2,000 * cost of gas Credit A/P 2,000 * cost of gas Case 1 books all transactions outside of operational storage. Reducing the Offsystem storage will cause UAF to increase, however purchasing gas for Operational Storage and not recording it to Operational Storage will offset the UAF increase. Case 2 In-kind is replaced by Operational Storage, NNG incurrs the cost Debit 816 (Storage Fuel exp) 2,000 * MIP Credit 812 (Storage Fuel Credit) 2,000 * MIP Debit 808 (Storage Withdrawal) 2,000 * MIP Credit 1174 (Encroachment) 2,000 * MIP Case 3 In-kind is replaced by Operational Storage, Tracker incurrs the cost Debit 816 (Storage Fuel exp) 2,000 * MIP Credit 812 (Storage Fuel Credit) 2,000 * MIP Debit 808 (Storage Withdrawal) 2,000 * MIP Credit 1174 (Encroachment) 2,000 * MIP Debit 1823 (Storage Fuel Tracker) 2,000 * MIP Credit 805 (Storage Fuel Recovery) 2,000 * MIP
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A: SUBJECT: Transok offsystem accounting

Problem: BODY: Just wanted to drop you a note and congratulate you on your recent appointment (or should I say "anointment"). Also wanted to (on the QT) have a discussion about our two company's and float an idea. I've been at Harvard for the past two months at the AMP program and have had a chance to really look at the direction, gait and opportunities for Cinergy and during that same time frame Enron has also gone through some dramatic change. As is said "a little bit of knowledge is a dangerous thing". It would be a good to see you at the very least and grab a good bourbon and cigar. I'll be out of the program in the middle of November and back in Cincinnati. Send me your number and I'll give you a call sometime and we can see if there is a reason to do anything but have the bourbon and cigar. Congratulations again on the obvious wisdom of the Enron empire. I'm sure they're braced for ignition..... Regards,
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A: SUBJECT: Belated congratulations...

Problem: BODY: Cool girl, that'll work out fine. It sounds like Hope will be attending also. Kenny can't come, so that was disappointing, but I'll see him on Saturday for his daughter's party. Talk with you later. We need to talk!!! !
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A:
SUBJECT: Re