Which of these is true about the normal balance of an income summary?
a) It depends on which financial statement it appears.
b) The balance is credit.
c) The account doesn't have a normal balance.
d) The balance is debit.
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Home » Business » Which of these is true about the normal balance of an income summary? a) It depends on which financial statement it appears. b) The balance is credit. c) The account doesn't have a normal balance. d) The balance is debit.