Seems a simple thing....

Clarekaye
Clarekaye Registered Posts: 307
in AAT Level 4 (Level 8 in Scotland)
A while ago someone told me to remember two words to what order things go on the balance sheet, it was something about Sit Pretty Cat :blushing: does anyone have a clue what it is?

Thanks!

Comments

  • MarieNoelle
    MarieNoelle Moderator, MAAT, AAT Licensed Accountant Posts: 1,369
    Could it be:

    Sit
    Down
    Pretty
    Black
    Cat

    Stock, Debtors, Prepayments, Bank, Cash

    :001_smile:
  • Clarekaye
    Clarekaye Registered Posts: 307
    :laugh: spot on thank you!
  • welshwizard
    welshwizard Registered Posts: 465
    ..but remember that, at Level 4, there is no longer a pretty black cat nor, indeed, any need for it to be told to sit down!

    Instead it's:

    Inventory, Trade and other receivables, Cash and cash equivalents

    :001_smile:
  • Clarekaye
    Clarekaye Registered Posts: 307
    Remembering something to remind me of it is easier than not remembering at all in my eyes so I will take anything :001_smile:

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