Question

the treasury bills are shown under the heading--- on the assets side
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Answer 1

Answer:

the treasury bills are shown under the heading--- on the assets side IS THE ANSWER

Answer 2

They are shown under the heading cash equivalents.

• These necessary bills are the money market tools provisioned by the government in the specific form of a promissory note with a guaranteed repayment date.
• They are generally recorded on the asset side in a balance sheet.
• They are referred to as cash equivalents. Cash equivalents are balance sheet line items accurately representing the considerable value of the company's valuable properties.