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 94 videos, which means you get 940 minutes of accounting (lucky you)
- There are 78 practice problems right now, and I'm always adding more.
- Those problems & videos cover all 11 chapters of Ac 210.
- You can email me anytime at [email protected].
The Whole Class All of the Videos
-
The Accounting Equation
3:02 -
Assets vs Liabilities
5:32 -
Shareholder's Equity
5:26 -
The Balance Sheet
5:52 -
The Statement of Retained Earnings
5:51 -
The Income Statement
6:19 -
The Statement of Cash Flows
6:02 -
How the Statements Work Together
9:02 -
Current Assets
9:57 -
Non-Current Assets
10:25 -
Current Liabilities
6:24 -
Non-Current Liabilites
2:00 -
Contributed Capital
5:10 -
The Classified Balance Sheet
4:48 -
Retained Earnings vs Shareholder's Equity
6:41 -
Ratios: Current Ratio
4:00 -
T-Accounts
3:15 -
Debits and Credits
6:49 -
Determining Normal Balances For Assets & Liabilities
10:04 -
Determining Normal Balance for Shareholder's Equity
11:53 -
Normal Balance Shortcut: Double Entry
11:51 -
Normal Balance Shortcut: DEAD Mnemonic
2:36 -
The Journal, Ledger, Trial Balance
14:00 -
The Multistep Income Statement
12:44 -
Gross Profit vs Net Profit
6:15 -
Profit Margin
3:22 -
Cash vs. Accrual Accounting
7:21 -
Expense Recognition
8:07 -
Accruals and Deferrals
15:07 -
What is an Adjusting Entry?
4:11 -
Adjusting Entry: Supplies
1:54 -
Adjusting Entry: Wages
4:52 -
Adjusting Entry: Unearned Revenue
2:11 -
Adjusting Entry: Interest
2:03 -
Contra-accounts
4:40 -
Depreciation
7:10 -
The Closing Process
10:37 -
Cash and Cash Equivalents
7:52 -
Bank Reconciliations: What and Why
9:38 -
Bank Reconciliations: How
20:57 -
Debit and Credit Memos
5:21 -
Fixing Mistakes in Bank Recs
8:32 -
COGS and Inventory
2:57 -
Net Sales
10:03 -
Perpetual vs Periodic
7:10 -
FOB Shipping?
8:51 -
Transportation In
8:41 -
COGS
6:18 -
Drawbacks to Periodic
6:07 -
Specific Identification
2:17 -
Weighted Average
4:21 -
FIFO and LIFO
20:17 -
Estimating with Gross Profit
7:23 -
A/R and Bad Debts Introduction
7:09 -
Direct Method
4:15 -
The Allowance Method
8:56 -
Income Statement vs Balance Sheet Methods
13:14 -
Net Credit Sales
5:20 -
Write Offs and Reinstatements
8:26 -
Notes Receivable
11:27 -
Acquisition Cost of Assets
13:23 -
Lump Sum Purchases
6:01 -
What is Depreciation?
11:23 -
Straight Line Depreciation
4:33 -
Double Declining Balance
13:58 -
Units of Production
3:43 -
Partial Year Depreciation
5:50 -
Capital vs. Revenue Expenditures
10:42 -
Interest Bearing Notes
8:26 -
Non-interest Bearing Notes
6:16 -
Contingencies
5:58 -
Intro to Bonds
10:04 -
Discounts and Premiums
7:34 -
Selling at a Discount
7:15 -
Selling for a Premium
8:11 -
Amortization
21:42 -
Borrowing Cost
6:33 -
Interacting with Market Rates
5:30 -
Retiring Bonds
9:54 -
Shareholder's Equity
5:12 -
Stock Classifications
4:19 -
Issuance of Stock
6:37 -
Treasury Stock
11:11 -
Cash Dividends
9:58 -
The Effect of Cash Dividends
6:08 -
Stock Dividends
13:48 -
Cash Flow Overview
6:02 -
Operating Cash Flows
18:41 -
Indirect Method
14:26 -
Investing Cash Flows
5:14 -
Financing Cash Flows
3:17 -
Depreciation in Cash Flows
5:50 -
PPE for Cash Flows
2:39 -
Bringing it All Together
13:57
Chapter 1
Debits, Credits, and the Accounting Equation
Thank you for saving my semester. You rock.
— Caitlin, Fall 2017
Chapter 2
The Balance Sheet
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 3
The Income Statement and Normal Balances
Thank you for your website and great/clear teaching abilities!
— Julie, Fall 2017
Chapter 4
Differences in Timing, Adjusting Entries, and the Closing Process
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
Bank Reconciliations and Inventory
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 7
Inventory Costing Methods
Completely changed the way I understood Accounting. These videos got me through the class!
— Nathan, Spring 2016
Chapter 8
Accounts Receivable and Bad Debts
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 9
Long Term Assets and Depreciation
Your website is dope, it helped me a lot honestly and I never actually understood like I did when I used the website.
— Blaze T., Fall 2019
Chapter 10
LIabilities and Bonds
Just wanted to say thank you for creating this tutoring page. It is extremely useful and it has helped me so much. You are amazing.
— Nicold, Fall 2019
Chapter 11
Shareholder's Equity
I stopped going to class after the second test and pretty much just watched your chapter videos.
— Ryan, Spring 2016
Chapter 12
Cash Flows
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