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 88 videos, which means you get 892 minutes of accounting (lucky you)
- There are 74 practice problems right now, and I'm always adding more.
- Those problems & videos cover all 12 chapters of Acct 2301.
- You can email me anytime at [email protected].
The Whole Class All of the Videos
-
The Accounting Equation
3:02 -
Assets vs Liabilities
5:32 -
Shareholder's Equity
5:26 -
The Balance Sheet
5:52 -
The Statement of Retained Earnings
5:51 -
The Income Statement
6:19 -
The Statement of Cash Flows
6:02 -
How the Statements Work Together
9:02 -
T-Accounts
3:15 -
Debits and Credits
6:49 -
Determining Normal Balances For Assets & Liabilities
10:04 -
Determining Normal Balance for Shareholder's Equity
11:53 -
Normal Balance Shortcut: Double Entry
11:51 -
Normal Balance Shortcut: DEAD Mnemonic
2:36 -
The Journal, Ledger, Trial Balance
14:00 -
Current Assets
9:57 -
Non-Current Assets
10:25 -
Current Liabilities
6:24 -
Non-Current Liabilites
2:00 -
The Classified Balance Sheet
4:48 -
Cash vs. Accrual Accounting
7:21 -
Expense Recognition
8:07 -
Accruals and Deferrals
15:07 -
What is an Adjusting Entry?
4:11 -
Adjusting Entry: Supplies
1:54 -
Adjusting Entry: Wages
4:52 -
Adjusting Entry: Unearned Revenue
2:11 -
Adjusting Entry: Interest
2:03 -
Contra-accounts
4:40 -
Depreciation
7:10 -
The Closing Process
10:37 -
COGS and Inventory
2:57 -
Net Sales
10:03 -
Perpetual vs Periodic
7:10 -
Transportation In
8:41 -
COGS
6:18 -
Drawbacks to Periodic
6:07 -
Estimating with Gross Profit
7:23 -
FOB Shipping?
8:51 -
Specific Identification
2:17 -
Weighted Average
4:21 -
FIFO and LIFO
20:17 -
Cash and Cash Equivalents
7:52 -
Bank Reconciliations: What and Why
9:38 -
Bank Reconciliations: How
20:57 -
Debit and Credit Memos
5:21 -
Fixing Mistakes in Bank Recs
8:32 -
A/R and Bad Debts Introduction
7:09 -
Direct Method
4:15 -
The Allowance Method
8:56 -
Income Statement vs Balance Sheet Methods
13:14 -
Net Credit Sales
5:20 -
Write Offs and Reinstatements
8:26 -
Notes Receivable
11:27 -
Acquisition Cost of Assets
13:23 -
Lump Sum Purchases
6:01 -
What is Depreciation?
11:23 -
Straight Line Depreciation
4:33 -
Double Declining Balance
13:58 -
Units of Production
3:43 -
Partial Year Depreciation
5:50 -
Capital vs. Revenue Expenditures
10:42 -
Interest Bearing Notes
8:26 -
Non-interest Bearing Notes
6:16 -
Contingencies
5:58 -
Intro to Bonds
10:04 -
Discounts and Premiums
7:34 -
Selling at a Discount
7:15 -
Selling for a Premium
8:11 -
Amortization
21:42 -
Borrowing Cost
6:33 -
Interacting with Market Rates
5:30 -
Retiring Bonds
9:54 -
Shareholder's Equity
5:12 -
Stock Classifications
4:19 -
Issuance of Stock
6:37 -
Treasury Stock
11:11 -
Cash Dividends
9:58 -
The Effect of Cash Dividends
6:08 -
Stock Dividends
13:48 -
Cash Flow Overview
6:02 -
Operating Cash Flows
18:41 -
Indirect Method
14:26 -
Investing Cash Flows
5:14 -
Financing Cash Flows
3:17 -
Depreciation in Cash Flows
5:50 -
PPE for Cash Flows
2:39 -
Bringing it All Together
13:57
Chapter 1
Debits, Credits, and the Accounting Equation
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 2
Journals, Ledgers, T-Accounts, and Normal Balances
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
Chapter 3
The Financial Statements
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
Accounting FOr Merchandising Operations
Thank you for your website and great/clear teaching abilities!
— Julie, Fall 2017
Chapter 5
Inventories and Cost of Sales
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 6
Cash and Bank Reconciliations
I didn’t find your site until second half of the semester last spring and wish that I had used it all along!
— Hunt, Spring 2019
Chapter 7
Accounts Receivable and Bad Debts
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
Long Term Assets and Depreciation
Thank you for saving my semester. You rock.
— Caitlin, Fall 2017
Chapter 9
Current Liabilities, Contingencies, and the Time Value of Money
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
Bonds, Bonds, and Bonds
It really is a great resource, and you're an excellent accounting instructor.
— Scott, Spring 2018
Chapter 11
Shareholder's Equity
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 12
Cash Flows
Loved how you explained the lectures, especially things like PV & PVOA.
— Zach M., Fall 2019