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. There are 5 practice problems in this chapter.
    I stopped going to class after the second test and pretty much just watched your chapter videos.
    — Ryan, Spring 2016

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

  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.
    Your videos are the real deal. They have helped so much and I appreciate you.
    — Clayton, Fall 2016

    Chapter 3
    Revenue and Expense Recognition, Adjusting and Closing Entries, the Classified Balance Sheet, and the Multistep Income Statement

  16. Cash vs. Accrual Accounting

    7:21

  17. Expense Recognition

    8:07

  18. Accruals and Deferrals

    15:07

  19. What is an Adjusting Entry?

    4:11

  20. Adjusting Entry: Supplies

    1:54

  21. Adjusting Entry: Wages

    4:52

  22. Adjusting Entry: Unearned Revenue

    2:11

  23. Adjusting Entry: Interest

    2:03

  24. Contra-accounts

    4:40

  25. Depreciation

    7:10

  26. Current Assets

    9:57

  27. Non-Current Assets

    10:25

  28. Current Liabilities

    6:24

  29. Non-Current Liabilites

    2:00

  30. The Classified Balance Sheet

    4:48

  31. Contributed Capital

    5:10

  32. Retained Earnings vs Shareholder's Equity

    6:41

  33. The Multistep Income Statement

    12:44

  34. The Closing Process

    10:37

  35. Ratios: Working Capital

    2:29

  36. Ratios: Current Ratio

    4:00
    37. There are 24 practice problems in this chapter.
    So far, your content is looking to be fantastic for strengthening my understanding of accounting concepts. Your video of perpetual and periodic inventory was very helpful.
    — Eric, Fall 2017

    Chapter 4
    Cash, Cash Equivalents, and Bank Reconciliations

  37. Cash and Cash Equivalents

    7:52

  38. Bank Reconciliations: What and Why

    9:38

  39. Bank Reconciliations: How

    20:57

  40. Debit and Credit Memos

    5:21

  41. Fixing Mistakes in Bank Recs

    8:32
    42. There are 2 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 5
    Accounts Receivable and Bad Debts

  42. Net Sales

    10:03

  43. A/R and Bad Debts Introduction

    7:09

  44. Direct Method

    4:15

  45. The Allowance Method

    8:56

  46. Income Statement vs Balance Sheet Methods

    13:14

  47. Net Credit Sales

    5:20

  48. Write Offs and Reinstatements

    8:26

  49. Notes Receivable

    11:27
    50. There are 4 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
    All About Inventory

  50. COGS and Inventory

    2:57

  51. Perpetual vs Periodic

    7:10

  52. FOB Shipping?

    8:51

  53. Transportation In

    8:41

  54. COGS

    6:18

  55. Specific Identification

    2:17

  56. Weighted Average

    4:21

  57. FIFO and LIFO

    20:17

  58. Gross Profit vs Net Profit

    6:15

  59. Estimating with Gross Profit

    7:23
    60. There are 8 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
    Long Term Assets

  60. Acquisition Cost of Assets

    13:23

  61. Lump Sum Purchases

    6:01

  62. What is Depreciation?

    11:23

  63. Straight Line Depreciation

    4:33

  64. Double Declining Balance

    13:58

  65. Units of Production

    3:43

  66. Partial Year Depreciation

    5:50

  67. Capital vs. Revenue Expenditures

    10:42
    68. 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 8
    Liabilities

  68. Contingencies

    5:58
    69. There are 2 practice problems in this chapter.
    Completely changed the way I understood Accounting. These videos got me through the class!
    — Nathan, Spring 2016

    Chapter 9
    Bonds, Bonds, Bonds

  69. Intro to Bonds

    10:04

  70. Discounts and Premiums

    7:34

  71. Selling at a Discount

    7:15

  72. Selling for a Premium

    8:11

  73. Amortization

    21:42

  74. Borrowing Cost

    6:33

  75. Interacting with Market Rates

    5:30

  76. Shareholder's Equity

    5:12
    77. There are 4 practice problems in this chapter.
    Honestly, if it weren't for your website, I would not have passed this class. I bombed the first two exams with 50s, but then after one of my friends told me about your website, I managed to bring my next exam score up to a 77. I did better than the class average of 68! Your videos are super clear and easy to follow. I appreciate how much effort you put into them.
    — Nadia Lynn, Fall 2018

    Chapter 10
    Stockholder's Equity

  77. Stock Classifications

    4:19

  78. Issuance of Stock

    6:37

  79. Treasury Stock

    11:11

  80. Cash Dividends

    9:58

  81. The Effect of Cash Dividends

    6:08

  82. Stock Dividends

    13:48
    83. There are 6 practice problems in this chapter.
    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 11
    Cash Flows

  83. Cash Flow Overview

    6:02

  84. Operating Cash Flows

    18:41

  85. Indirect Method

    14:26

  86. Investing Cash Flows

    5:14

  87. Financing Cash Flows

    3:17

  88. Depreciation in Cash Flows

    5:50

  89. PPE for Cash Flows

    2:39

  90. Bringing it All Together

    13:57
    91. There are 7 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

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