Income Statement Accounts Have Normal Credit Balances

question 109

True/False

Income statement accounts have normal credit balances.

---

Definitions:

Cancer

A broad group of diseases characterized by the uncontrolled growth and spread of abnormal cells.

Homicide

The act of one human killing another, which can include murder and manslaughter.

Autopsy

An autopsy conducted to determine the reason for demise or the severity of illness.

Genetic Disorder

A disease or condition caused by an abnormality in an individual's DNA, varying from minor to severe in its effects.