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.
    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

    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.
    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
    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.
    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

  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.
    Your videos have truly helped more than I could ever explain! They gave me such a good guideline for how to solve problems, and how you go through each problem step-by-step makes accounting seem so much easier.
    — Caitlyn, Spring 2018

    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 was crying outside the classroom about my grade and a stranger walked up and told me to watch these videos.
    — Anonymous, Fall 2018

    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.
    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 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.
    I could not have finished this course without your help. I really appreciate how concise you are with your words and how you take the time to create clear visuals when explaining concepts.
    — Emma, Fall 2016

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

    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.
    Thank you for creating and providing these resources! It was very helpful and taught concepts in an engaging and simple manner.
    — Joseph Y., Fall 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.
    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 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 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 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.
    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