acct2300 at Texas Tech
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 102 videos, which means you get 997 minutes of accounting (lucky you)
  • There are 79 practice problems right now, and I'm always adding more.
  • Those problems & videos cover all 12 chapters of Acct 2300.
  • You can email me anytime at [email protected].

The Whole Class 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.
    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 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.
    The videos were clear and easy to understand and the breakdown into short simple videos was nice. That way you weren't having to watch an hour long lecture when all you needed was 5 minutes of information.
    — Kyle, 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.
    It definitely helped me make sense of the last couple chapters before the final when things in class started going over my head. I like that you use visuals and diagrams as well as going through examples. The visual for the breakdown of authorized stock is an example of one I found extremely helpful.
    — Caitlin, Spring 2016

    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.
    Your website led me to what will hopefully (final grades haven't been posted) be an A in accounting. I told everyone I know taking the class next semester to not waste their money on the tutoring services and to go to your site.
    — Monte, Spring 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.
    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 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.
    Just wanted to say thank you for creating this tutoring page. It is extremely useful and it has helped me so much. You are amazing.
    — Nicold, Fall 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.
    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 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.
    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 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 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 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.
    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 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.
    Thank you for your website and great/clear teaching abilities!
    — Julie, Fall 2017

    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.
    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