Home For AAT student members AQ 2013 AAT Level 4 (Level 8 in Scotland)
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Seems a simple thing....

ClarekayeClarekaye Trusted RegularRegistered Posts: 306
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

  • MarieNoelleMarieNoelle Trusted Regular Hampshire/Surrey borderModerator, MAAT, AAT Licensed Accountant Posts: 1,431
    Could it be:

    Sit
    Down
    Pretty
    Black
    Cat

    Stock, Debtors, Prepayments, Bank, Cash

    :001_smile:
  • ClarekayeClarekaye Trusted Regular Registered Posts: 306
    :laugh: spot on thank you!
  • welshwizardwelshwizard Trusted Regular South WalesRegistered 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:
  • ClarekayeClarekaye Trusted Regular Registered Posts: 306
    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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