1 4 Finish attempt... tion 2 ver saved ats out of Flag estion Which of the following statements is true regarding the Sales Discount account? O a. It is reported on the balance sheet as a decrease to the related asset account. O b. It is decreased at the end of each accounting period for the period's discounts taken. c. It is reported on the income statement as a reduction to Sales Revenue. Od. It is a contra account with a normal credit balance." Clear my choice 10