A company uses the gross method to account for cash discounts offered to its customers. If payment is made before the discount period expires, which of the following is correct? Multiple Choice O Sales discounts is debited for the amount of discounts taken by customers. Sales discounts is credited for the amount of discounts taken by customers. O Interest expense is debited for the amount of discounts taken by customers. Accounts receivable is credited for the amount of discounts taken by customers