acc2361 at Texas State
Hey, check it out, this is the first video of Chapter 1: The Accounting Equation. It's thrilling. You're going to love it!

Hello there, I'm Aaron. I designed and coded this site, recorded all these videos, and wrote all the practice problems. I got my Undergrad and Master's in Accounting and then went on to get my CPA License (exciting, right?). I worked at Ernst and Young for about a year but never really loved it, so I quit and became a programmer. I do love accounting though, and I love teaching it, which is why I made this site. Please feel free to reach out to me if you ever have any questions!

A couple of bits of info about the site:

  • I've recorded 93 videos, which means you get 928 minutes of accounting (lucky you)
  • There are 77 practice problems right now, and I'm always adding more.
  • Those problems & videos cover all 13 chapters of Acc 2361.
  • You can email me anytime at [email protected].

The Whole Class All of the Videos

    Chapter 1
    Introduction to Accounting

  1. The Accounting Equation

    3:02
  2. Assets vs Liabilities

    5:32
  3. Shareholder's Equity

    5:26
  4. The Balance Sheet

    5:52
  5. The Statement of Retained Earnings

    5:51
  6. The Income Statement

    6:19
  7. The Statement of Cash Flows

    6:02
  8. How the Statements Work Together

    9:02
  9. Did not go to class at all for the last exam, learned everything from your videos. Thank you!
    — Jimmy, Spring 2016

    Chapter 2
    The Balance Sheet

  10. Current Assets

    9:57
  11. Non-Current Assets

    10:25
  12. Current Liabilities

    6:24
  13. Non-Current Liabilites

    2:00
  14. Contributed Capital

    5:10
  15. I’ll be happy to spread the word about your site. There’s no way I could have any clue what is going on in this class without it.
    — Brandon, Spring 2019

    Chapter 3
    Journals, Ledgers, T-Accounts, and Normal Balances

  16. T-Accounts

    3:15
  17. Debits and Credits

    6:49
  18. Determining Normal Balances For Assets & Liabilities

    10:04
  19. Determining Normal Balance for Shareholder's Equity

    11:53
  20. Normal Balance Shortcut: Double Entry

    11:51
  21. Normal Balance Shortcut: DEAD Mnemonic

    2:36
  22. The Journal, Ledger, Trial Balance

    14:00
  23. Thank you so much for your website and for the time and effort that you put into it. It has been a huge help.
    — Josh, Spring 2018

    Chapter 4
    Adjusting Entries

  24. Cash vs. Accrual Accounting

    7:21
  25. Expense Recognition

    8:07
  26. Accruals and Deferrals

    15:07
  27. What is an Adjusting Entry?

    4:11
  28. Adjusting Entry: Supplies

    1:54
  29. Adjusting Entry: Wages

    4:52
  30. Adjusting Entry: Unearned Revenue

    2:11
  31. Adjusting Entry: Interest

    2:03
  32. Contra-accounts

    4:40
  33. Depreciation

    7:10
  34. The Closing Process

    10:37
  35. Your videos literally saved me. I ended up with a B, but let me tell you I was destined for a D before I discovered your website!
    — Mikey, Fall 2018

    Chapter 5
    Financial Reporting & Analysis

  36. The Classified Balance Sheet

    4:48
  37. The Multistep Income Statement

    12:44
  38. Retained Earnings vs Shareholder's Equity

    6:41
  39. I would like to genuinely thank you because without you I wouldn't have passed the class.
    — Marcos-Anton, Spring 2019

    Chapter 6
    Bank Reconciliations

  40. Cash and Cash Equivalents

    7:52
  41. Bank Reconciliations: What and Why

    9:38
  42. Bank Reconciliations: How

    20:57
  43. Debit and Credit Memos

    5:21
  44. Fixing Mistakes in Bank Recs

    8:32
  45. Got an A in this course thanks to your videos! 10/10 would recommend to next classes to get the membership. Definitely worth it. Thanks Aaron.
    — Juan, Fall 2016

    Chapter 7
    All About Inventory

  46. COGS and Inventory

    2:57
  47. Net Sales

    10:03
  48. Perpetual vs Periodic

    7:10
  49. FOB Shipping?

    8:51
  50. Transportation In

    8:41
  51. COGS

    6:18
  52. Drawbacks to Periodic

    6:07
  53. Specific Identification

    2:17
  54. Weighted Average

    4:21
  55. FIFO and LIFO

    20:17
  56. Estimating with Gross Profit

    7:23
  57. I never went to class and I only used your website for my accounting class! I want to thank you for making all of those helpful videos.
    — Austin H., Fall 2019

    Chapter 8
    Accounts Receivable

  58. A/R and Bad Debts Introduction

    7:09
  59. Direct Method

    4:15
  60. The Allowance Method

    8:56
  61. Income Statement vs Balance Sheet Methods

    13:14
  62. Net Credit Sales

    5:20
  63. Write Offs and Reinstatements

    8:26
  64. Notes Receivable

    11:27
  65. I stopped going to class after the second test and pretty much just watched your chapter videos.
    — Ryan, Spring 2016

    Chapter 9
    Long Term Assets

  66. Acquisition Cost of Assets

    13:23
  67. Lump Sum Purchases

    6:01
  68. What is Depreciation?

    11:23
  69. Straight Line Depreciation

    4:33
  70. Double Declining Balance

    13:58
  71. Units of Production

    3:43
  72. Partial Year Depreciation

    5:50
  73. Capital vs. Revenue Expenditures

    10:42
  74. I just wanted to say thank you for all of the time you have put into this website! All of the videos and practice really helped me improve my accounting grade.
    — Sarah M., Fall 2019

    Chapter 10
    Liabilities

  75. Intro to Bonds

    10:04
  76. Discounts and Premiums

    7:34
  77. Selling at a Discount

    7:15
  78. Selling for a Premium

    8:11
  79. Amortization

    21:42
  80. Borrowing Cost

    6:33
  81. Interacting with Market Rates

    5:30
  82. Retiring Bonds

    9:54
  83. Contingencies

    5:58
  84. You definitely saved my grade in accounting, and you explained things very well.
    — Nicholas C., Fall 2019

    Chapter 11
    Stock

  85. Shareholder's Equity

    5:12
  86. Stock Classifications

    4:19
  87. Issuance of Stock

    6:37
  88. Treasury Stock

    11:11
  89. Cash Dividends

    9:58
  90. The Effect of Cash Dividends

    6:08
  91. Stock Dividends

    13:48
  92. Thanks for making this site, it came in clutch for every exam.
    — Lane, Spring 2016

    Chapter 12
    Cash Flows

  93. Cash Flow Overview

    6:02
  94. Operating Cash Flows

    18:41
  95. Indirect Method

    14:26
  96. Investing Cash Flows

    5:14
  97. Financing Cash Flows

    3:17
  98. Depreciation in Cash Flows

    5:50
  99. PPE for Cash Flows

    2:39
  100. Bringing it All Together

    13:57
  101. I cannot even tell you how helpful your videos were to me when learning this material. I just got my grade back on my first test and I got an A. I don't think my grade would have been that high without your videos.
    — Sean, Fall 2015

    Chapter 13
    Ratio Review

  102. Ratios: Working Capital

    2:29
  103. Ratios: Current Ratio

    4:00
  104. Gross Profit vs Net Profit

    6:15
  105. Profit Margin

    3:22
  106. This website was amazing. I was SO lost in lecture but these videos really helped me piece everything together. I tried outside tutoring but it didn't work. THIS is what you need to ensure you are understanding ALL material.
    — Valeria, Fall 2019