When a company holds U.S.Treasury bills,it would debit Short-Term Investments and credit Interest Income at the end of the accounting period (assuming it is prior to the T-bills' maturity).

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When a company holds U.S. Treasury bills, it would debit Short-Term Investments and credit Interest Income at the end of the accounting period before the T-bills' maturity. This is because U.S. Treasury bills are short-term investments that earn interest income for the holder until they reach maturity.

When a Company Holds U