...This is the movie version of the song. For the intro verse "This is it!(etc)" instead of the noodling/riffing, I've subbed in the same chords used in the verse parts. I worked this song out on an acoustic guitar, so the chords worked best -- I just sort of finger-pick a little to get that noodley feel. And, since a BUNCH of lines of this little ditty are "na-na" and "la la" and YODELLING, I've tried to phonetically and rhythmically transcribe them as best as I possibly could have. *note: I play the Bm as a barre chord, and the 'sliding' up part is the best I could decipher tonally.

This is ^Eit, this is the^A place These trufful^Da trees are just a-what ^AI need

E (slide E up to the 4th, then 6th fret for "down" & "thneed") Gonna chop one down and make my thneed -- But first!

^ENa na nana-na-na, ^Anana-nana ^Dnana-^Ana, now you! ^ENa na nana-na-na, ^Anana-nana ^Dnana-^Ana (that's great)

^ELa-la lala-lala, l^Aa-la-la la^Dlala-^Alalala ^EHaaaaa-ahaha, hoob^Aahoobahoob^Dawow ^Awahooba how-how

^GSo now our ^Afriendship can ^Dbegin, ^Bmhand in hand and wing and fin ^GThere's nothing y^Aou and I can't ^Ddo, so ^Bmlets all make my dreams come

^ETruuuuue-a-yodeloo, ^Aa-yodeloo ^Da-yodelayhee-^Ahehoo (Continue yodelling and repeat chords x 2 more times)

-- Hey guys? C'mon, where's my back-up chorus?

Ed Helms - This is the place