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Oh shit it’s a rat 

Oh shit it’s a rat means when you see a rat and jump side to side and forward and backwards it is also a meme 😂
Ahhhhhh a rattt here Bobby let’s do the dance oh shit it’s a rat

Shit, it's a monkey

Term used my newly naturalised Australians (most notably Scottish) to notify of a koala in the near vicinity.
What's that on the road? Shit, it's a monkey

it's a shit 

Phrase used to express regret about an unfortunate situation.
"Dude this weather sucks."

"I know, it's a shit."
it's a shit by Natty Scumbo May 25, 2009

OH SHIT! It's that electromagnetic radiation from satellite debris again! 

A common term for wtf, or the act of hating somebody very bad. It can also be used to indicate a fat person going to Micky D's
OH SHIT! It's that electromagnetic radiation from satellite debris again! Yep looks like he is heading toward McDonalds.

It's the shit

The real thing, the actual goods, the real smoke (dope), vs. fake or not up to par
Peter Travers, movie reviewer for Rolling Stone - in a review on August 23, 2013 of the Simon Pegg movie 'World's End' - closing remark: "...The World's End is better than all right. It's the shit."
It's the shit by Carl Davidson August 28, 2013

It may be shit to you, but it's bread and butter to me 

A typical Plumber to customer remark on viewing a well blocked toilet," It may be shit to you, but it's bread and butter to me"
Embarassed customer- I'm so sorry but the toilets full of floating shit and paper, it makes me want to throw up.

Plumber- Do not worry madam, It may be shit to you, but it's bread and butter to me.