acct2301 at UT Arlington
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

    Chapter 1
    Debits, Credits, and the Accounting Equation

  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.
    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 2
    Journals, Ledgers, T-Accounts, and Normal Balances

  9. T-Accounts

    3:15

  10. Debits and Credits

    6:49

  11. Determining Normal Balances For Assets & Liabilities

    10:04

  12. Determining Normal Balance for Shareholder's Equity

    11:53

  13. Normal Balance Shortcut: Double Entry

    11:51

  14. Normal Balance Shortcut: DEAD Mnemonic

    2:36

  15. The Journal, Ledger, Trial Balance

    14:00
    16. There are 9 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 3
    The Financial Statements

  16. Current Assets

    9:57

  17. Non-Current Assets

    10:25

  18. Current Liabilities

    6:24

  19. Non-Current Liabilites

    2:00

  20. The Classified Balance Sheet

    4:48

  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 20 practice problems in this chapter.
    Your videos are the real deal. They have helped so much and I appreciate you.
    — Clayton, Fall 2016

    Chapter 4
    Accounting FOr Merchandising Operations

  32. COGS and Inventory

    2:57

  33. Net Sales

    10:03

  34. Perpetual vs Periodic

    7:10

  35. Transportation In

    8:41

  36. COGS

    6:18

  37. Drawbacks to Periodic

    6:07

  38. Estimating with Gross Profit

    7:23
    39. There are 2 practice problems in this chapter.
    Loved how you explained the lectures, especially things like PV & PVOA.
    — Zach M., Fall 2019

    Chapter 5
    Inventories and Cost of Sales

  39. FOB Shipping?

    8:51

  40. Specific Identification

    2:17

  41. Weighted Average

    4:21

  42. FIFO and LIFO

    20:17
    43. There are 6 practice problems in this chapter.
    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 6
    Cash and Bank Reconciliations

  43. Cash and Cash Equivalents

    7:52

  44. Bank Reconciliations: What and Why

    9:38

  45. Bank Reconciliations: How

    20:57

  46. Debit and Credit Memos

    5:21

  47. Fixing Mistakes in Bank Recs

    8:32
    48. There are 2 practice problems in this chapter.
    You saved me in accounting and I made an A!
    — Liz, Fall 2016

    Chapter 7
    Accounts Receivable and Bad Debts

  48. A/R and Bad Debts Introduction

    7:09

  49. Direct Method

    4:15

  50. The Allowance Method

    8:56

  51. Income Statement vs Balance Sheet Methods

    13:14

  52. Net Credit Sales

    5:20

  53. Write Offs and Reinstatements

    8:26

  54. Notes Receivable

    11:27
    55. There are 4 practice problems in this chapter.
    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 8
    Long Term Assets and Depreciation

  55. Acquisition Cost of Assets

    13:23

  56. Lump Sum Purchases

    6:01

  57. What is Depreciation?

    11:23

  58. Straight Line Depreciation

    4:33

  59. Double Declining Balance

    13:58

  60. Units of Production

    3:43

  61. Partial Year Depreciation

    5:50

  62. Capital vs. Revenue Expenditures

    10:42
    63. There are 5 practice problems in this chapter.
    You are awesome, and I so wish I would have found you at the beginning of the semester
    — Katie K., Spring 2016

    Chapter 9
    Current Liabilities, Contingencies, and the Time Value of Money

  63. Interest Bearing Notes

    8:26

  64. Non-interest Bearing Notes

    6:16

  65. Contingencies

    5:58
    66. There are 3 practice problems in this chapter.
    I learn ten times better off of videos like yours.
    — Giancarlo, Spring 2019

    Chapter 10
    Bonds, Bonds, and Bonds

  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. 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 11
    Shareholder's Equity

  74. Shareholder's Equity

    5:12

  75. Stock Classifications

    4:19

  76. Issuance of Stock

    6:37

  77. Treasury Stock

    11:11

  78. Cash Dividends

    9:58

  79. The Effect of Cash Dividends

    6:08

  80. Stock Dividends

    13:48
    81. There are 6 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

    Chapter 12
    Cash Flows

  81. Cash Flow Overview

    6:02

  82. Operating Cash Flows

    18:41

  83. Indirect Method

    14:26

  84. Investing Cash Flows

    5:14

  85. Financing Cash Flows

    3:17

  86. Depreciation in Cash Flows

    5:50

  87. PPE for Cash Flows

    2:39

  88. Bringing it All Together

    13:57
    89. There are 7 practice problems in this chapter.
    I never went to class and I only used your website for my accounting class! I want to thank you for making all of those helpful videos.
    — Austin H., Fall 2019