acct2331 at The University of Houston
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Online, On-demandAcct 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.

Aaron FrancisMy name is Aaron and I made this site, recorded 90 videos, and wrote 76 practice problems for Acct 2331 at The University of Houston. 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.

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Check OutAll of the Videos

  1. Chapter 1
    Introduction to Financial Accounting

    The Accounting Equation

    The Accounting Equation

    4 min    Assets vs Liabilities

    Assets vs Liabilities

    6 min    Shareholder's Equity

    Shareholder's Equity

    6 min    The Balance Sheet

    The Balance Sheet

    6 min    The Statement of Retained Earnings

    The Statement of Retained Earnings

    6 min    The Income Statement

    The Income Statement

    7 min    The Statement of Cash Flows

    The Statement of Cash Flows

    7 min    How the Statements Work Together

    How the Statements Work Together

    10 min

    And 5 practice problems!

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

    T-Accounts

    T-Accounts

    4 min    Debits and Credits

    Debits and Credits

    7 min    Determining Normal Balances For Assets & Liabilities

    Determining Normal Balances For Assets & Liabilities

    11 min    Determining Normal Balance for Shareholder's Equity

    Determining Normal Balance for Shareholder's Equity

    12 min    Normal Balance Shortcut: Double Entry

    Normal Balance Shortcut: Double Entry

    12 min    Normal Balance Shortcut: DEAD Mnemonic

    Normal Balance Shortcut: DEAD Mnemonic

    3 min    The Journal, Ledger, Trial Balance

    The Journal, Ledger, Trial Balance

    14 min

    And 9 practice problems!

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

    Cash vs. Accrual Accounting

    Cash vs. Accrual Accounting

    8 min    Expense Recognition

    Expense Recognition

    9 min    Accruals and Deferrals

    Accruals and Deferrals

    16 min    What is an Adjusting Entry?

    What is an Adjusting Entry?

    5 min    Adjusting Entry: Supplies

    Adjusting Entry: Supplies

    2 min    Adjusting Entry: Wages

    Adjusting Entry: Wages

    5 min    Adjusting Entry: Unearned Revenue

    Adjusting Entry: Unearned Revenue

    3 min    Adjusting Entry: Interest

    Adjusting Entry: Interest

    3 min    Contra-accounts

    Contra-accounts

    5 min    Depreciation

    Depreciation

    8 min    Current Assets

    Current Assets

    10 min    Non-Current Assets

    Non-Current Assets

    11 min    Current Liabilities

    Current Liabilities

    7 min    Non-Current Liabilites

    Non-Current Liabilites

    2 min    The Classified Balance Sheet

    The Classified Balance Sheet

    5 min    Contributed Capital

    Contributed Capital

    6 min    Retained Earnings vs Shareholder's Equity

    Retained Earnings vs Shareholder's Equity

    7 min    The Multistep Income Statement

    The Multistep Income Statement

    13 min    The Closing Process

    The Closing Process

    11 min    Ratios: Working Capital

    Ratios: Working Capital

    3 min    Ratios: Current Ratio

    Ratios: Current Ratio

    4 min

    And 24 practice problems!

  4. Chapter 4
    Cash, Cash Equivalents, and Bank Reconciliations

    Cash and Cash Equivalents

    Cash and Cash Equivalents

    8 min    Bank Reconciliations: What and Why

    Bank Reconciliations: What and Why

    10 min    Bank Reconciliations: How

    Bank Reconciliations: How

    21 min    Debit and Credit Memos

    Debit and Credit Memos

    6 min    Fixing Mistakes in Bank Recs

    Fixing Mistakes in Bank Recs

    9 min

    And 2 practice problems!

  5. Chapter 5
    Accounts Receivable and Bad Debts

    Net Sales

    Net Sales

    11 min    A/R and Bad Debts Introduction

    A/R and Bad Debts Introduction

    8 min    Direct Method

    Direct Method

    5 min    The Allowance Method

    The Allowance Method

    9 min    Income Statement vs Balance Sheet Methods

    Income Statement vs Balance Sheet Methods

    14 min    Net Credit Sales

    Net Credit Sales

    6 min    Write Offs and Reinstatements

    Write Offs and Reinstatements

    9 min    Notes Receivable

    Notes Receivable

    12 min

    And 4 practice problems!

  6. Chapter 6
    All About Inventory

    COGS and Inventory

    COGS and Inventory

    3 min    Perpetual vs Periodic

    Perpetual vs Periodic

    8 min    FOB Shipping?

    FOB Shipping?

    9 min    Transportation In

    Transportation In

    9 min    COGS

    COGS

    7 min    Specific Identification

    Specific Identification

    3 min    Weighted Average

    Weighted Average

    5 min    FIFO and LIFO

    FIFO and LIFO

    21 min    Gross Profit vs Net Profit

    Gross Profit vs Net Profit

    7 min    Estimating with Gross Profit

    Estimating with Gross Profit

    8 min

    And 8 practice problems!

  7. Chapter 7
    Long Term Assets

    Acquisition Cost of Assets

    Acquisition Cost of Assets

    14 min    Lump Sum Purchases

    Lump Sum Purchases

    7 min    What is Depreciation?

    What is Depreciation?

    12 min    Straight Line Depreciation

    Straight Line Depreciation

    5 min    Double Declining Balance

    Double Declining Balance

    14 min    Units of Production

    Units of Production

    4 min    Partial Year Depreciation

    Partial Year Depreciation

    6 min    Capital vs. Revenue Expenditures

    Capital vs. Revenue Expenditures

    11 min

    And 5 practice problems!

  8. Chapter 8
    Liabilities

    Contingencies

    Contingencies

    6 min

    And 2 practice problems!

  9. Chapter 9
    Bonds, Bonds, Bonds

    Intro to Bonds

    Intro to Bonds

    11 min    Discounts and Premiums

    Discounts and Premiums

    8 min    Selling at a Discount

    Selling at a Discount

    8 min    Selling for a Premium

    Selling for a Premium

    9 min    Amortization

    Amortization

    22 min    Borrowing Cost

    Borrowing Cost

    7 min    Interacting with Market Rates

    Interacting with Market Rates

    6 min    Shareholder's Equity

    Shareholder's Equity

    6 min

    And 4 practice problems!

  10. Chapter 10
    Stockholder's Equity

    Stock Classifications

    Stock Classifications

    5 min    Issuance of Stock

    Issuance of Stock

    7 min    Treasury Stock

    Treasury Stock

    12 min    Cash Dividends

    Cash Dividends

    10 min    The Effect of Cash Dividends

    The Effect of Cash Dividends

    7 min    Stock Dividends

    Stock Dividends

    14 min

    And 6 practice problems!

  11. Chapter 11
    Cash Flows

    Cash Flow Overview

    Cash Flow Overview

    7 min    Operating Cash Flows

    Operating Cash Flows

    19 min    Indirect Method

    Indirect Method

    15 min    Investing Cash Flows

    Investing Cash Flows

    6 min    Financing Cash Flows

    Financing Cash Flows

    4 min    Depreciation in Cash Flows

    Depreciation in Cash Flows

    6 min    PPE for Cash Flows

    PPE for Cash Flows

    3 min    Bringing it All Together

    Bringing it All Together

    14 min

    And 7 practice problems!