acct2300 at Texas Tech

Online, On-demand Acct 2300 Exam Review

Looking for an exam review for Acct 2300? You're in luck, I made videos covering that whole class! And you just found them.

My name is Aaron and I made this site, recorded 102 videos, and wrote 79 practice problems for Acct 2300. You can watch them any time, anywhere. Including right now... without having to leave your house.

I've helped hundreds of students learn financial accounting.

The reason that people love my videos so much is because I explain accounting in a way that actually makes sense. I hear that over and over from my students. Let me help you understand accounting.

Don't take my word for it What Some of My Former Students Have Said

Completely changed the way I understood Accounting. These videos got me through the class! Nathan, Spring 2016
These videos alone helped me get a B in accounting this semester. I didn't go to class at all. Thanks so much! Natalia, Spring 2016

(Please go to class.)

Thanks for making this site, it came in clutch for every exam. Lane, Spring 2016

Need something specific? You can just shoot me an email at [email protected]. It's totally common for me to walk people through concepts over the phone, too. Since this is the internet, I'm not going to put my cell phone on this page, but shoot me an email and we can chat.

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Check out All of the Videos

    Chapter 1
    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 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 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. The Classified Balance Sheet

    4:48

  15. The Multistep Income Statement

    12:44

  16. Retained Earnings vs Shareholder's Equity

    6:41

  17. Ratios: Working Capital

    2:29

  18. Ratios: Current Ratio

    4:00

  19. Gross Profit vs Net Profit

    6:15

  20. Profit Margin

    3:22
    21. There are 6 practice problems in this chapter.
    I wanna say thank you very much for doing the videos. I just got my grade and I made an A in accounting, and I must say I owe it to you and your videos.
    — Daniel, Spring 2016

    Chapter 3
    Transaction Analysis

  21. T-Accounts

    3:15

  22. Debits and Credits

    6:49

  23. Determining Normal Balances For Assets & Liabilities

    10:04

  24. Determining Normal Balance for Shareholder's Equity

    11:53

  25. Normal Balance Shortcut: Double Entry

    11:51

  26. Normal Balance Shortcut: DEAD Mnemonic

    2:36

  27. The Journal, Ledger, Trial Balance

    14:00
    28. There are 9 practice problems in this chapter.
    The videos are are very helpful. You really have a way of making the material very understandable. You should be a college professor!!
    — Nicole, Spring 2018

    Chapter 4
    Differences in Timing, Adjusting Entries, and the Closing Process

  28. Cash vs. Accrual Accounting

    7:21

  29. Expense Recognition

    8:07

  30. Accruals and Deferrals

    15:07

  31. What is an Adjusting Entry?

    4:11

  32. Adjusting Entry: Supplies

    1:54

  33. Adjusting Entry: Wages

    4:52

  34. Adjusting Entry: Unearned Revenue

    2:11

  35. Adjusting Entry: Interest

    2:03

  36. Contra-accounts

    4:40

  37. Depreciation

    7:10

  38. The Closing Process

    10:37
    39. There are 18 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 5
    All About Inventory

  39. COGS and Inventory

    2:57

  40. Net Sales

    10:03

  41. Perpetual vs Periodic

    7:10

  42. FOB Shipping?

    8:51

  43. Transportation In

    8:41

  44. COGS

    6:18

  45. Drawbacks to Periodic

    6:07

  46. Specific Identification

    2:17

  47. Weighted Average

    4:21

  48. FIFO and LIFO

    20:17

  49. Estimating with Gross Profit

    7:23
    50. There are 8 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 6
    Cash, Cash Equivalents, and Bank Reconciliations

  50. Cash and Cash Equivalents

    7:52

  51. Bank Reconciliations: What and Why

    9:38

  52. Bank Reconciliations: How

    20:57

  53. Debit and Credit Memos

    5:21

  54. Fixing Mistakes in Bank Recs

    8:32
    55. There are 2 practice problems in this chapter.
    I seriously can't put into words how grateful I am to have found your videos for Financial Accounting last semester. If it wasn't for your website I could not have passed that class, my professor was awful and you taught it in such a clear and understandable way!
    — Monear, Spring 2019

    Chapter 7
    Accounts Receivable and Bad Debts

  55. A/R and Bad Debts Introduction

    7:09

  56. Direct Method

    4:15

  57. The Allowance Method

    8:56

  58. Income Statement vs Balance Sheet Methods

    13:14

  59. Net Credit Sales

    5:20

  60. Write Offs and Reinstatements

    8:26

  61. Notes Receivable

    11:27
    62. There are 4 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 8
    Long Term Assets and Depreciation

  62. Acquisition Cost of Assets

    13:23

  63. Lump Sum Purchases

    6:01

  64. What is Depreciation?

    11:23

  65. Straight Line Depreciation

    4:33

  66. Double Declining Balance

    13:58

  67. Units of Production

    3:43

  68. Partial Year Depreciation

    5:50

  69. Capital vs. Revenue Expenditures

    10:42
    70. There are 5 practice problems in this chapter.
    You definitely saved my grade in accounting, and you explained things very well.
    — Nicholas C., Fall 2019

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

  70. Interest Bearing Notes

    8:26

  71. Non-interest Bearing Notes

    6:16

  72. Contingencies

    5:58

  73. What is Present Value

    8:15

  74. Simple vs Compound

    14:41

  75. PV of a Lump Sum

    4:39

  76. PV of a Lump Sum

    6:09

  77. Ordinary Annuity

    7:16

  78. Purchasing with an Annuity

    4:31

  79. Finding the Payment

    6:07
    80. There are 4 practice problems in this chapter.
    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 10
    Bonds, Bonds, and Bonds

  80. Intro to Bonds

    10:04

  81. Discounts and Premiums

    7:34

  82. Selling at a Discount

    7:15

  83. Selling for a Premium

    8:11

  84. Amortization

    21:42

  85. Borrowing Cost

    6:33

  86. Interacting with Market Rates

    5:30

  87. Retiring Bonds

    9:54
    88. There are 5 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 11
    Shareholder's Equity

  88. Shareholder's Equity

    5:12

  89. Stock Classifications

    4:19

  90. Issuance of Stock

    6:37

  91. Treasury Stock

    11:11

  92. Cash Dividends

    9:58

  93. The Effect of Cash Dividends

    6:08

  94. Stock Dividends

    13:48
    95. There are 6 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 12
    Cash Flows

  95. Cash Flow Overview

    6:02

  96. Operating Cash Flows

    18:41

  97. Indirect Method

    14:26

  98. Investing Cash Flows

    5:14

  99. Financing Cash Flows

    3:17

  100. Depreciation in Cash Flows

    5:50

  101. PPE for Cash Flows

    2:39

  102. Bringing it All Together

    13:57
    103. There are 7 practice problems in this chapter.
    These videos alone helped me get a B in accounting this semester. I didn't go to class at all. Thanks so much!
    — Natalia, Spring 2016

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