Sheffield Inc. has a seasonal business with some periods during the year where cash is abundant and needs to be invested in the short term until it is needed later on in the business cycle. The following are the transactions that occurred for Sheffield Inc. near the end of its fiscal year ended December 31, 2021 and the early part of 2022.

Nov. 15, 2021		Purchased a term deposit at National Trust for $45,000. The term deposit is for three months and will earn interest at 2.50%.
Nov. 30, 2021		Purchased a three month treasury bill with a face value of $20,500 and a purchase price of $20,322. The market rate of interest is 3.50% for this type of investment.
Feb. 15, 2022		The National Trust term deposit matures.
Feb. 28, 2022		The treasury bill matures.

Record the above transactions for 2021 and 2022 and any required journal entries at December 31, 2021. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Round answers to 0 decimal places, e.g. 5,276.)

Date	Account Titles and Explanation	Debit	Credit
	(To record accrual of interest)
	(To record interest revenue on treasury bill)
	(To record interest revenue on treasury bill)
	(To record maturity of treasury bill)