acct2331 at The University of Houston
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 90 videos, which means you get 904 minutes of accounting (lucky you)
  • There are 76 practice problems right now, and I'm always adding more.
  • Those problems & videos cover all 11 chapters of Acct 2331.
  • You can email me anytime at [email protected].

The Whole Class 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. Thank you for saving my semester. You rock.
    — Caitlin, Fall 2017

    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. 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
    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 site is the reason I did so well in accounting! I wish I had something like that for my economics classes! Good work!
    — Katie C., Spring 2016

    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. I was crying outside the classroom about my grade and a stranger walked up and told me to watch these videos.
    — Anonymous, Fall 2018

    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. 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 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. You are awesome, and I so wish I would have found you at the beginning of the semester
    — Katie K., Spring 2016

    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 really saved my GPA and increased my understanding of accounting substantially.
    — Bailey, Fall 2016

    Chapter 8
    Liabilities

    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 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. Thank you for creating and providing these resources! It was very helpful and taught concepts in an engaging and simple manner.
    — Joseph Y., Fall 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. 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 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 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