1. Which one of the following may be included under the heading of cash" on the balance sheet? a. office supplies b. money market funds c. travel advances d. savings account balance 2. Leonard Company uses the gross method to record sales made on credit. On August 21, 2020, it sold goods worth $450,000 with terms 3/10,n/30 to Moorman Inc. On August 26, 2020, Leonard received payment for 1/3 of the amount due from Moorman Inc. Leonard's fiscal year end is on August 31, 2020. What amount will be reported in the financial statements for the accounts receivable due from Moorman Inc.? a. $291,000 b. $300,000 c. $436,500 d. $450,000 3. On February 1, 2020, Logan Company factored receivables with a carrying amount of $800,000 to Chase Company. Chase Company assesses a finance charge of 2% of the receivables and retains 3% of the receivables. Relative to this transaction, you are to determine the amount of loss on sale to be reported in the income statement of Logan Company for February