The total of settlement discount granted column in cash receipts journal will be posted to the...in general ledger Options to choose from:1. A debit side of the settlement discount granted account 2....

The total of settlement discount granted column in cash receipts journal will be posted to the...in general ledger Options to choose from: 1. A debit side of the settlement discount granted account 2. Credit side of the sales returns account 3. Credit side of the credit losses account 4. Debit side of the sales returns account 5. Credit side of the settlement discount granted account