Date: May 15, 1997 Code: AD NOAT 97-26

To: Financial Managers

Accounting Officers

Budget Officers

From: George A. Pardon

Accounting Director

Business and Finance

Subject: Annual Adjustment to Retained Earnings for Fiscal Year 1995/96

The enclosed attachment reflects retained earnings adjustments to the CSU Lottery Fund. The adjustments pertain to campus expenditures occurring in fiscal year 1995/96 and the resulting year-end balance. The journal entry described on the attachment should be recorded by the listed campuses.

Please contact Mr. Raynard Gray at (562) 985-2566 with related questions.

GAP:RG:js AD NOAT 97-26

Attachment-CSU Accounting Department Annual Adjustment to Retained Earnings Fiscal Year 1995/96

c: Ms. Emelda Becerra

Mr. Raynard Gray

Ms. Ruth Stipp