G/L accounts in this series are used to record the liability incurred as a result of temporary borrowing from another fund. For the G/L account to be debited in the fund making the advance, see 14xxxx, University Receivables.
Do not use these G/L accounts for amounts owed by a department for services received from another department. When services are provided, the department receiving the services should debit an expense G/L account and the department providing the service should record a credit for services rendered (G/L accounts 751000-752500). Refer to 7500xx-7538xx, Expense Credits for further explanation.