ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY
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COMMON LAW Definition
COMMON LAW is an unwritten body of law based on general custom in England; it is used to some extent in the United States.
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WORKING ASSET STATEMENT is a net worth statement minus any personal assets, the car, house, boat, etc. A working asset statement will give a clear picture of an individuals invested assets.
NON-MONETARY ASSET see MONETARY ASSET.