acct2331 at The University of Houston

Online, On-demand Acct 2331 Exam Review

Looking for an exam review for Acct 2331? 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 90 videos, and wrote 76 practice problems for Acct 2331. 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.

It's possible I have office hours coming up too, so check out that page here: acct2331.com/office-hours.

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Check out All of the Videos

    Chapter 1
    Introduction to Financial Accounting

  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. Your website is dope, it helped me a lot honestly and I never actually understood like I did when I used the website.
    — Blaze T., Fall 2019

    Chapter 2
    Debits, Credits, T-Accounts, and Journal Entries

  10. T-Accounts

    3:15
  11. Debits and Credits

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

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

    11:53
  14. Normal Balance Shortcut: Double Entry

    11:51
  15. Normal Balance Shortcut: DEAD Mnemonic

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

    14:00
  17. 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 3
    Revenue and Expense Recognition, Adjusting and Closing Entries, the Classified Balance Sheet, and the Multistep Income Statement

  18. Cash vs. Accrual Accounting

    7:21
  19. Expense Recognition

    8:07
  20. Accruals and Deferrals

    15:07
  21. What is an Adjusting Entry?

    4:11
  22. Adjusting Entry: Supplies

    1:54
  23. Adjusting Entry: Wages

    4:52
  24. Adjusting Entry: Unearned Revenue

    2:11
  25. Adjusting Entry: Interest

    2:03
  26. Contra-accounts

    4:40
  27. Depreciation

    7:10
  28. Current Assets

    9:57
  29. Non-Current Assets

    10:25
  30. Current Liabilities

    6:24
  31. Non-Current Liabilites

    2:00
  32. The Classified Balance Sheet

    4:48
  33. Contributed Capital

    5:10
  34. Retained Earnings vs Shareholder's Equity

    6:41
  35. The Multistep Income Statement

    12:44
  36. The Closing Process

    10:37
  37. Ratios: Working Capital

    2:29
  38. Ratios: Current Ratio

    4:00
  39. 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

    Chapter 4
    Cash, Cash Equivalents, and Bank Reconciliations

  40. Cash and Cash Equivalents

    7:52
  41. Bank Reconciliations: What and Why

    9:38
  42. Bank Reconciliations: How

    20:57
  43. Debit and Credit Memos

    5:21
  44. Fixing Mistakes in Bank Recs

    8:32
  45. 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 5
    Accounts Receivable and Bad Debts

  46. Net Sales

    10:03
  47. A/R and Bad Debts Introduction

    7:09
  48. Direct Method

    4:15
  49. The Allowance Method

    8:56
  50. Income Statement vs Balance Sheet Methods

    13:14
  51. Net Credit Sales

    5:20
  52. Write Offs and Reinstatements

    8:26
  53. Notes Receivable

    11:27
  54. 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 6
    All About Inventory

  55. COGS and Inventory

    2:57
  56. Perpetual vs Periodic

    7:10
  57. FOB Shipping?

    8:51
  58. Transportation In

    8:41
  59. COGS

    6:18
  60. Specific Identification

    2:17
  61. Weighted Average

    4:21
  62. FIFO and LIFO

    20:17
  63. Gross Profit vs Net Profit

    6:15
  64. Estimating with Gross Profit

    7:23
  65. 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 7
    Long Term Assets

  66. Acquisition Cost of Assets

    13:23
  67. Lump Sum Purchases

    6:01
  68. What is Depreciation?

    11:23
  69. Straight Line Depreciation

    4:33
  70. Double Declining Balance

    13:58
  71. Units of Production

    3:43
  72. Partial Year Depreciation

    5:50
  73. Capital vs. Revenue Expenditures

    10:42
  74. 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 8
    Liabilities

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

    Chapter 9
    Bonds, Bonds, Bonds

  75. Intro to Bonds

    10:04
  76. Discounts and Premiums

    7:34
  77. Selling at a Discount

    7:15
  78. Selling for a Premium

    8:11
  79. Amortization

    21:42
  80. Borrowing Cost

    6:33
  81. Interacting with Market Rates

    5:30
  82. Shareholder's Equity

    5:12
  83. I learn ten times better off of videos like yours.
    — Giancarlo, Spring 2019

    Chapter 10
    Stockholder's Equity

  84. Stock Classifications

    4:19
  85. Issuance of Stock

    6:37
  86. Treasury Stock

    11:11
  87. Cash Dividends

    9:58
  88. The Effect of Cash Dividends

    6:08
  89. Stock Dividends

    13:48
  90. 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 11
    Cash Flows

  91. Cash Flow Overview

    6:02
  92. Operating Cash Flows

    18:41
  93. Indirect Method

    14:26
  94. Investing Cash Flows

    5:14
  95. Financing Cash Flows

    3:17
  96. Depreciation in Cash Flows

    5:50
  97. PPE for Cash Flows

    2:39
  98. Bringing it All Together

    13:57
  99. 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

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