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. I stopped going to class when I found out about your website. You offered a clearer way of communicating accounting and I appreciate that.
    — Colton, Fall 2018

    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. Your site was the reason I got an A. This was the most helpful website, and your videos were extremely clear. I am so thankful it was recommended to me and I recommend it to anyone who really wants to understand and do well in the course.
    — Kaitlyn C., Fall 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. It definitely helped me make sense of the last couple chapters before the final when things in class started going over my head. I like that you use visuals and diagrams as well as going through examples. The visual for the breakdown of authorized stock is an example of one I found extremely helpful.
    — Caitlin, Spring 2016

    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. This website helped me pass the class, which is a miracle. The videos were easier for me to understand than the textbook, my tutor, and my professor.
    — Claire, Fall 2016

    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. The videos are are very helpful. You really have a way of making the material very understandable. You should be a college professor!!
    — Nicole, Spring 2018

    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. You definitely saved my grade in accounting, and you explained things very well.
    — Nicholas C., 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. Thanks for making this site, it came in clutch for every exam.
    — Lane, 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. Honestly, if it weren't for your website, I would not have passed this class. I bombed the first two exams with 50s, but then after one of my friends told me about your website, I managed to bring my next exam score up to a 77. I did better than the class average of 68! Your videos are super clear and easy to follow. I appreciate how much effort you put into them.
    — Nadia Lynn, Fall 2018

    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. So far, your content is looking to be fantastic for strengthening my understanding of accounting concepts. Your video of perpetual and periodic inventory was very helpful.
    — Eric, Fall 2017

    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. Your website is dope, it helped me a lot honestly and I never actually understood like I did when I used the website.
    — Blaze T., Fall 2019

    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. It really is a great resource, and you're an excellent accounting instructor.
    — Scott, Spring 2018

    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. Your website led me to what will hopefully (final grades haven't been posted) be an A in accounting. I told everyone I know taking the class next semester to not waste their money on the tutoring services and to go to your site.
    — Monte, Spring 2016