Once upon a time, there was a kind-hearted man named Max who owned a small store. One day, Max's neighbor came to him for a loan to fix his roof. Max agreed to help but didn't know how to keep track of the loan. So, he went to his friend who was an accountant and learned about ledger and liability.
Max carefully wrote down the loan in his ledger, making sure to keep track of when the money was borrowed and when it was due to be paid back. He also made a note of the liability, which meant that his neighbor was responsible for paying back the loan.
Max kept the ledger safe in a special paper folder, so he could refer to it whenever he needed to check on the loan. Over time, Max helped many of his friends and neighbors with loans and always used his ledger to keep track of everything.
Years went by, and everyone in the community knew how fair and honest Max was with his loans. And when they needed help, they always went to Max with confidence. The end.

Reflections

1. Why did Max go to the accountant?
2. What did Max learn from the accountant?
3. How did Max keep track of his loans?
4. What did Max's neighbors think of him?
5. What is the moral of this story?