For each of the following, identify in column 1 the category to which the account belongs, in column 2 the normal balance for the account, in column 3 the financial statement that the account in which the account balance is reported, and in column 4 the account's nature (permanent/temporary).
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Definitions:
Case Law
Rules of law announced in court decisions.
U.S. Constitution
The foundational legal document establishing the framework of the federal government and the rights of American citizens.
A Statute
A written law passed by a legislative body at the federal or state level.
Case Law
Law established by previous court decisions and used as a precedent in other cases.
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