That used to be one of my favorite games in Kindergarten.

Down by the banks of the hanky panky
Where the bull frogs jump from bank to banky
with an eeps oops ips ops
He missed a lilly pad and went kerplops

I always thought the song sounded kinda jazzy

We sat in a circle and sang the song. My hand would be under somebody's on one side and resting on the other persons. One person would start by claping their right hand into the person to their left's hand which was resting in the clapping person's left hand. Then that person would repeat the motion, and so it would go around in a circle. If you had your hand clapped on Kerplops, then you were out. And we'd start the song again.