Rhyme to remember order of Balance Sheet anyone??
KAYLEA
Registered Posts: 4 New contributor 🐸
does anyone have a rhyme to remember the order of the balance sheet?
0
Comments
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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 by1 -
Hi Sarah,
Can you explain about this? how does it work?
Thank you.0 -
I have one for the order of current assets:
Smart Dressed People Buy Clothes -
Stocks
Debtors
Prepayments
Bank
Cash0
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