James Jones #1234

Any County Attorney Date 3/5/07

123 Main
Anytown 84770

Accounting Instructions
The enclosures, a notice of my acceptances and written payment plan therewith,
are items eligible for adjusting entries in the ledger of this account (assets and pre-paid
items, etc.) according to the summary of adjustments in intermediate Accounting
Practices. These adjustments include: pre-paid expenses, unearned revenue, accrued
liabilities, accrued assets, and estimated items that include subjective future events.
These items that transfer to a suspense account are in fact, the owners’ equity (the owner
in this case being me, the principal). A transfer of net purchases to cost of goods
(services) sold is in order to reduce the balance in this account to zero for closing, post
closing, and reversing entries. Reversing entries are made for pre-paid revenue when the
initial items for which the original amount was entered in revenue or expenses account,
all accrued items should be reversed.
1. Please close this account immediately and enter the transactions of the period
in appropriate journals.
2. Post the journals to the ledger(s).
3. Take an unadjusted trial balance (first trial balance-prior).
4. Prepare adjusting journal entries and post to the ledger(s).
5. Take a trial balance after adjusting (second trial balance-prior).
6. Prepare the financial statements from the second trial balance.
7. Prepare closing journal entries and post to the ledger(s).
8. Take a trial balance after closing (third trial balance).
9. Prepare reversing entries and post to the ledger (my option).

Please provide me with a copy of the journal ledgers and the final statement work
sheets, for this account, that you use to determine the unpaid or owing amount, if you
continue to refuse to close this account, provide me with the confirmation statement for
both the buy and sell orders of this account, and your check made payable to me. Your
failure to close this account immediately will otherwise result in a Federal Agency
investigation of your use of securities, etc. Until then I am…
Very truly yours,

___________________
John H. Smith
c/o PO Box 123
Anytown, Utah
non domestic