Home For AAT student members General AAT student discussion
Current updates regarding coronavirus (Covid-19) and the precautions AAT are taking will be continually updated on the below page.

Please check this link for the latest updates:
We hope you are all safe and well and if you need us we will be here. 💚

Rhyme to remember order of Balance Sheet anyone??

KAYLEAKAYLEA Just JoinedRegistered Posts: 4
does anyone have a rhyme to remember the order of the balance sheet?


  • sarahwilsonsarahwilson Experienced Mentor Registered Posts: 567
    I can't take the credit for this rhyme, its Karens (potsandclocks) I think but its very good.

    Funny Animals = Fixed Assets
    Clever Animals = Current Assets
    Can Loose = Current Liabilities
    Faith = Financed by
  • StarSStarS New Member Registered Posts: 14
    Hi Sarah,
    Can you explain about this? how does it work?
    Thank you.
  • MattWMattW Feels At Home Registered Posts: 37
    I have one for the order of current assets:

    Smart Dressed People Buy Clothes -

Sign In or Register to comment.