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.
    You saved me in accounting and I made an A!
    — Liz, Fall 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.
    I honestly don't think I would've been able to pass financial without your help. With finals coming up, I feel very confident with accounting and I never thought I would! So again, thank you for all your help!
    — Claire, Fall 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.
    Loved how you explained the lectures, especially things like PV & PVOA.
    — Zach M., Fall 2019

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

    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 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 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.
    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 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.
    Your videos are the real deal. They have helped so much and I appreciate you.
    — Clayton, Fall 2016

    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.
    Completely changed the way I understood Accounting. These videos got me through the class!
    — Nathan, Spring 2016

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

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

    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.
    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