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 learn ten times better off of videos like yours.
    — Giancarlo, Spring 2019

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

    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 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 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.
    Did not go to class at all for the last exam, learned everything from your videos. Thank you!
    — Jimmy, Spring 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.
    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 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.
    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 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.
    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 8
    Liabilities

  68. Contingencies

    5:58
    69. There are 2 practice problems in this chapter.
    Got an A in this course thanks to your videos! 10/10 would recommend to next classes to get the membership. Definitely worth it. Thanks Aaron.
    — Juan, Fall 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.
    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 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 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 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.
    You saved me in accounting and I made an A!
    — Liz, Fall 2016