A substance in solution is indicated in a chemical equation by the symbol (s).
No, It's not always true.
Solutions are homogeneous mixtures of two or more than two components.
For example,
So, the statement a substance in solution is indicated in a chemical equation by the symbol (s) is not always true. As solute can be solid, liquid, or gas in a solution depending on the type of solution.
Hence, the given statement is false.