A Short-Term Investment in a U $\begin{array}{llr} \text {Short - Term Investments } &25,000\\ \text {Cash } &&25,000\\\end{array}$

A short-term investment in a U.S.Treasury bill costs $24,400 and will mature six months later at $25,000.Management intends to hold the investment until it matures.The entry to record the initial investment is:

A)
$\begin{array}{llr} \text {Short - Term Investments } &25,000\\ \text {Cash } &&25,000\\\end{array}$

B)
$\begin{array}{llr} \text { Cash } &24,400\\ \text { Short - Term Investments } &&24,400\\\end{array}$

C)
$\begin{array}{llr} \text { Short - Term Investments } &24,400\\ \text { Cash } &&24,400\\\end{array}$

D)
$\begin{array}{lc}\text { Cash } & 25,000 \\\text { Short - Term Investments } && 24,400 \\\text { Interest Income } & &600\end{array}$