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. There are 5 practice problems in this chapter.
    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

  9. Current Assets

    9:57

  10. Non-Current Assets

    10:25

  11. Current Liabilities

    6:24

  12. Non-Current Liabilites

    2:00

  13. Contributed Capital

    5:10
    14. There are 3 practice problems in this chapter.
    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 3
    Journals, Ledgers, T-Accounts, and Normal Balances

  14. T-Accounts

    3:15

  15. Debits and Credits

    6:49

  16. Determining Normal Balances For Assets & Liabilities

    10:04

  17. Determining Normal Balance for Shareholder's Equity

    11:53

  18. Normal Balance Shortcut: Double Entry

    11:51

  19. Normal Balance Shortcut: DEAD Mnemonic

    2:36

  20. The Journal, Ledger, Trial Balance

    14:00
    21. There are 9 practice problems in this chapter.
    Your site is the reason I did so well in accounting! I wish I had something like that for my economics classes! Good work!
    — Katie C., Spring 2016

    Chapter 4
    Adjusting Entries

  21. Cash vs. Accrual Accounting

    7:21

  22. Expense Recognition

    8:07

  23. Accruals and Deferrals

    15:07

  24. What is an Adjusting Entry?

    4:11

  25. Adjusting Entry: Supplies

    1:54

  26. Adjusting Entry: Wages

    4:52

  27. Adjusting Entry: Unearned Revenue

    2:11

  28. Adjusting Entry: Interest

    2:03

  29. Contra-accounts

    4:40

  30. Depreciation

    7:10

  31. The Closing Process

    10:37
    32. There are 18 practice problems in this chapter.
    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 5
    Financial Reporting & Analysis

  32. The Classified Balance Sheet

    4:48

  33. The Multistep Income Statement

    12:44

  34. Retained Earnings vs Shareholder's Equity

    6:41
    35. There are 2 practice problems in this chapter.
    Your site really saved my GPA and increased my understanding of accounting substantially.
    — Bailey, Fall 2016

    Chapter 6
    Bank Reconciliations

  35. Cash and Cash Equivalents

    7:52

  36. Bank Reconciliations: What and Why

    9:38

  37. Bank Reconciliations: How

    20:57

  38. Debit and Credit Memos

    5:21

  39. Fixing Mistakes in Bank Recs

    8:32
    40. There are 2 practice problems in this chapter.
    I stopped going to class after the second test and pretty much just watched your chapter videos.
    — Ryan, Spring 2016

    Chapter 7
    All About Inventory

  40. COGS and Inventory

    2:57

  41. Net Sales

    10:03

  42. Perpetual vs Periodic

    7:10

  43. FOB Shipping?

    8:51

  44. Transportation In

    8:41

  45. COGS

    6:18

  46. Drawbacks to Periodic

    6:07

  47. Specific Identification

    2:17

  48. Weighted Average

    4:21

  49. FIFO and LIFO

    20:17

  50. Estimating with Gross Profit

    7:23
    51. There are 8 practice problems in this chapter.
    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 8
    Accounts Receivable

  51. A/R and Bad Debts Introduction

    7:09

  52. Direct Method

    4:15

  53. The Allowance Method

    8:56

  54. Income Statement vs Balance Sheet Methods

    13:14

  55. Net Credit Sales

    5:20

  56. Write Offs and Reinstatements

    8:26

  57. Notes Receivable

    11:27
    58. There are 4 practice problems in this chapter.
    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 9
    Long Term Assets

  58. Acquisition Cost of Assets

    13:23

  59. Lump Sum Purchases

    6:01

  60. What is Depreciation?

    11:23

  61. Straight Line Depreciation

    4:33

  62. Double Declining Balance

    13:58

  63. Units of Production

    3:43

  64. Partial Year Depreciation

    5:50

  65. Capital vs. Revenue Expenditures

    10:42
    66. There are 5 practice problems in this chapter.
    Your website is so awesome!! Seriously you give a fresh perspective on all the topics talked about in class and the vocabulary you use is very easy to understand. The way you teach almost makes the material feel very easy to comprehend.
    — Kyle F., Fall 2019

    Chapter 10
    Liabilities

  66. Intro to Bonds

    10:04

  67. Discounts and Premiums

    7:34

  68. Selling at a Discount

    7:15

  69. Selling for a Premium

    8:11

  70. Amortization

    21:42

  71. Borrowing Cost

    6:33

  72. Interacting with Market Rates

    5:30

  73. Retiring Bonds

    9:54

  74. Contingencies

    5:58
    75. There are 7 practice problems in this chapter.
    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

    Chapter 11
    Stock

  75. Shareholder's Equity

    5:12

  76. Stock Classifications

    4:19

  77. Issuance of Stock

    6:37

  78. Treasury Stock

    11:11

  79. Cash Dividends

    9:58

  80. The Effect of Cash Dividends

    6:08

  81. Stock Dividends

    13:48
    82. There are 6 practice problems in this chapter.
    I was crying outside the classroom about my grade and a stranger walked up and told me to watch these videos.
    — Anonymous, Fall 2018

    Chapter 12
    Cash Flows

  82. Cash Flow Overview

    6:02

  83. Operating Cash Flows

    18:41

  84. Indirect Method

    14:26

  85. Investing Cash Flows

    5:14

  86. Financing Cash Flows

    3:17

  87. Depreciation in Cash Flows

    5:50

  88. PPE for Cash Flows

    2:39

  89. Bringing it All Together

    13:57
    90. There are 7 practice problems in this chapter.
    You definitely saved my grade in accounting, and you explained things very well.
    — Nicholas C., Fall 2019

    Chapter 13
    Ratio Review

  90. Ratios: Working Capital

    2:29

  91. Ratios: Current Ratio

    4:00

  92. Gross Profit vs Net Profit

    6:15

  93. Profit Margin

    3:22
    94. There are 1 practice problems in this chapter.
    I can learn a lot from your videos and they are easy to understand. I have a better understanding after watching your videos which also helped me get a better result for my previous semester.
    — Olivia, Fall 2017