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. There are 5 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

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

    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.
    I never went to class and I only used your website for my accounting class! I want to thank you for making all of those helpful videos.
    — Austin H., Fall 2019

    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.
    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 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.
    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 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.
    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

  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.
    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 8
    Liabilities

  68. Contingencies

    5:58
    69. There are 2 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 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.
    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
    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.
    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

  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.
    Loved how you explained the lectures, especially things like PV & PVOA.
    — Zach M., Fall 2019