1. USSGL Board Presentation May 20, 2010 Bolding and Definition Modifications to the USSGL Section II Accounts and Section III Transactions

2. ISSUE LACK OF CONSISTENCY IN “BOLDING” Of USSGL ACCOUNTS. Section I indicates that USSGL account appearing in “bold” are new or indicate a change to title, normal balance, and/or definition from the august 2008 release. Section I indicates that USSGL account appearing in “bold” are new or indicate a change to title, normal balance, and/or definition from the august 2008 release. Section III states that in the yearend closing entries, USSGL accounts that may contain a balance (remain open) after closing appear in “boldface”. Section III states that in the yearend closing entries, USSGL accounts that may contain a balance (remain open) after closing appear in “boldface”.

3. SOLUTION SOLUTION For Section II add a sentence to account definitions for those Proprietary, Budgetary and Memorandum accounts that remain open - “This account does not close at year-end.” For Section II add a sentence to account definitions for those Proprietary, Budgetary and Memorandum accounts that remain open - “This account does not close at year-end.” For Section III take off bolding for yearend closing account transactions F3XX. For Section III take off bolding for yearend closing account transactions F3XX.