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 after the second test and pretty much just watched your chapter videos.
    — Ryan, Spring 2016

    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.
    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 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.
    Thank you for saving my semester. You rock.
    — Caitlin, Fall 2017

    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.
    Thank you for your website and great/clear teaching abilities!
    — Julie, Fall 2017

    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.
    I slacked a bit this unit, didn’t read the book, just went to lectures and took notes, and did the required quizzes. I ended up having to cram over the last two days before the test and your site has been tremendously helpful with that.
    — Oakley, Fall 2017

    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’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 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 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

    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.
    I seriously can't put into words how grateful I am to have found your videos for Financial Accounting last semester. If it wasn't for your website I could not have passed that class, my professor was awful and you taught it in such a clear and understandable way!
    — Monear, Spring 2019

    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.
    I would like to genuinely thank you because without you I wouldn't have passed the class.
    — Marcos-Anton, Spring 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.
    Completely changed the way I understood Accounting. These videos got me through the class!
    — Nathan, Spring 2016

    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.
    Your site really saved my GPA and increased my understanding of accounting substantially.
    — Bailey, Fall 2016

    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.
    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 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 just want to let you know that since I've started your videos (the past two tests) I have gotten two 94s!!! I just wanted to say thank you so much you do a great job!
    — Abby, Fall 2017