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.
    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 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 would like to genuinely thank you because without you I wouldn't have passed the class.
    — Marcos-Anton, Spring 2019

    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.
    Loved how you explained the lectures, especially things like PV & PVOA.
    — Zach M., Fall 2019

    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 site was a great crash course for procrastinators like me, and watching your videos at 2x speed along with my lectures was enough to do well on the exam.
    — Nathan, 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.
    Thanks for making this site, it came in clutch for every exam.
    — Lane, Spring 2016

    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.
    As soon as I subscribed, my test grades went up at LEAST a letter grade. I only use your website and the book to study and I am about to take my final exam. I haven’t been able to come across video as helpful or as easy to follow as yours. It was beautifully simple and simply beautiful how you made it seem like a puzzle and that I should not be intimidated by financial accounting. Hopefully this final goes well, and I'm watching your videos right now to get a little review before hand.
    — Jeronimo, Summer 2018

    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.
    Did not go to class at all for the last exam, learned everything from your videos. Thank you!
    — Jimmy, Spring 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.
    Your videos literally saved me. I ended up with a B, but let me tell you I was destined for a D before I discovered your website!
    — Mikey, Fall 2018

    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 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

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