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. I just wanted to say thank you for all of the time you have put into this website! All of the videos and practice really helped me improve my accounting grade.
    — Sarah M., Fall 2019

    Chapter 2
    The Balance Sheet

  10. Current Assets

    9:57
  11. Non-Current Assets

    10:25
  12. Current Liabilities

    6:24
  13. Non-Current Liabilites

    2:00
  14. Contributed Capital

    5:10
  15. The Classified Balance Sheet

    4:48
  16. The Multistep Income Statement

    12:44
  17. Retained Earnings vs Shareholder's Equity

    6:41
  18. Ratios: Working Capital

    2:29
  19. Ratios: Current Ratio

    4:00
  20. Gross Profit vs Net Profit

    6:15
  21. Profit Margin

    3:22
  22. It really is a great resource, and you're an excellent accounting instructor.
    — Scott, Spring 2018

    Chapter 3
    Transaction Analysis

  23. T-Accounts

    3:15
  24. Debits and Credits

    6:49
  25. Determining Normal Balances For Assets & Liabilities

    10:04
  26. Determining Normal Balance for Shareholder's Equity

    11:53
  27. Normal Balance Shortcut: Double Entry

    11:51
  28. Normal Balance Shortcut: DEAD Mnemonic

    2:36
  29. The Journal, Ledger, Trial Balance

    14:00
  30. 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

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

  31. Cash vs. Accrual Accounting

    7:21
  32. Expense Recognition

    8:07
  33. Accruals and Deferrals

    15:07
  34. What is an Adjusting Entry?

    4:11
  35. Adjusting Entry: Supplies

    1:54
  36. Adjusting Entry: Wages

    4:52
  37. Adjusting Entry: Unearned Revenue

    2:11
  38. Adjusting Entry: Interest

    2:03
  39. Contra-accounts

    4:40
  40. Depreciation

    7:10
  41. The Closing Process

    10:37
  42. 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 5
    All About Inventory

  43. COGS and Inventory

    2:57
  44. Net Sales

    10:03
  45. Perpetual vs Periodic

    7:10
  46. FOB Shipping?

    8:51
  47. Transportation In

    8:41
  48. COGS

    6:18
  49. Drawbacks to Periodic

    6:07
  50. Specific Identification

    2:17
  51. Weighted Average

    4:21
  52. FIFO and LIFO

    20:17
  53. Estimating with Gross Profit

    7:23
  54. 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 6
    Cash, Cash Equivalents, and Bank Reconciliations

  55. Cash and Cash Equivalents

    7:52
  56. Bank Reconciliations: What and Why

    9:38
  57. Bank Reconciliations: How

    20:57
  58. Debit and Credit Memos

    5:21
  59. Fixing Mistakes in Bank Recs

    8:32
  60. 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

  61. A/R and Bad Debts Introduction

    7:09
  62. Direct Method

    4:15
  63. The Allowance Method

    8:56
  64. Income Statement vs Balance Sheet Methods

    13:14
  65. Net Credit Sales

    5:20
  66. Write Offs and Reinstatements

    8:26
  67. Notes Receivable

    11:27
  68. You saved me in accounting and I made an A!
    — Liz, Fall 2016

    Chapter 8
    Long Term Assets and Depreciation

  69. Acquisition Cost of Assets

    13:23
  70. Lump Sum Purchases

    6:01
  71. What is Depreciation?

    11:23
  72. Straight Line Depreciation

    4:33
  73. Double Declining Balance

    13:58
  74. Units of Production

    3:43
  75. Partial Year Depreciation

    5:50
  76. Capital vs. Revenue Expenditures

    10:42
  77. 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 9
    Current Liabilities, Contingencies, and the Time Value of Money

  78. Interest Bearing Notes

    8:26
  79. Non-interest Bearing Notes

    6:16
  80. Contingencies

    5:58
  81. What is Present Value

    8:15
  82. Simple vs Compound

    14:41
  83. PV of a Lump Sum

    4:39
  84. PV of a Lump Sum

    6:09
  85. Ordinary Annuity

    7:16
  86. Purchasing with an Annuity

    4:31
  87. Finding the Payment

    6:07
  88. 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 10
    Bonds, Bonds, and Bonds

  89. Intro to Bonds

    10:04
  90. Discounts and Premiums

    7:34
  91. Selling at a Discount

    7:15
  92. Selling for a Premium

    8:11
  93. Amortization

    21:42
  94. Borrowing Cost

    6:33
  95. Interacting with Market Rates

    5:30
  96. Retiring Bonds

    9:54
  97. Thank you for saving my semester. You rock.
    — Caitlin, Fall 2017

    Chapter 11
    Shareholder's Equity

  98. Shareholder's Equity

    5:12
  99. Stock Classifications

    4:19
  100. Issuance of Stock

    6:37
  101. Treasury Stock

    11:11
  102. Cash Dividends

    9:58
  103. The Effect of Cash Dividends

    6:08
  104. Stock Dividends

    13:48
  105. You definitely saved my grade in accounting, and you explained things very well.
    — Nicholas C., Fall 2019

    Chapter 12
    Cash Flows

  106. Cash Flow Overview

    6:02
  107. Operating Cash Flows

    18:41
  108. Indirect Method

    14:26
  109. Investing Cash Flows

    5:14
  110. Financing Cash Flows

    3:17
  111. Depreciation in Cash Flows

    5:50
  112. PPE for Cash Flows

    2:39
  113. Bringing it All Together

    13:57
  114. 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