acct229 at Texas A&M
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 102 videos, which means you get 997 minutes of accounting (lucky you)
  • There are 79 practice problems right now, and I'm always adding more.
  • Those problems & videos cover all 12 chapters of Acct 229.
  • You can email me anytime at [email protected].

The Whole Class All of the Videos

    Chapter 1
    Debits, Credits, and the Accounting Equation

  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. Absolutely love your site. I found it super useful as a review during test weeks, and I can confidently say it helped me achieve an A in the course.
    — Jared H., Fall 2019

    Chapter 2
    The Financial Statements

  10. Current Assets

    9:57
  11. Non-Current Assets

    10:25
  12. Current Liabilities

    6:24
  13. Non-Current Liabilites

    2:00
  14. Contributed Capital

    5:10
  15. The Classified Balance Sheet

    4:48
  16. The Multistep Income Statement

    12:44
  17. Retained Earnings vs Shareholder's Equity

    6:41
  18. Ratios: Working Capital

    2:29
  19. Ratios: Current Ratio

    4:00
  20. Gross Profit vs Net Profit

    6:15
  21. Profit Margin

    3:22
  22. 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 3
    Journals, Ledgers, T-Accounts, and Normal Balances

  23. T-Accounts

    3:15
  24. Debits and Credits

    6:49
  25. Determining Normal Balances For Assets & Liabilities

    10:04
  26. Determining Normal Balance for Shareholder's Equity

    11:53
  27. Normal Balance Shortcut: Double Entry

    11:51
  28. Normal Balance Shortcut: DEAD Mnemonic

    2:36
  29. The Journal, Ledger, Trial Balance

    14:00
  30. 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 4
    Differences in Timing, Adjusting Entries, and the Closing Process

  31. Cash vs. Accrual Accounting

    7:21
  32. Expense Recognition

    8:07
  33. Accruals and Deferrals

    15:07
  34. What is an Adjusting Entry?

    4:11
  35. Adjusting Entry: Supplies

    1:54
  36. Adjusting Entry: Wages

    4:52
  37. Adjusting Entry: Unearned Revenue

    2:11
  38. Adjusting Entry: Interest

    2:03
  39. Contra-accounts

    4:40
  40. Depreciation

    7:10
  41. The Closing Process

    10:37
  42. 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 5
    All About Inventory

  43. COGS and Inventory

    2:57
  44. Net Sales

    10:03
  45. Perpetual vs Periodic

    7:10
  46. FOB Shipping?

    8:51
  47. Transportation In

    8:41
  48. COGS

    6:18
  49. Drawbacks to Periodic

    6:07
  50. Specific Identification

    2:17
  51. Weighted Average

    4:21
  52. FIFO and LIFO

    20:17
  53. Estimating with Gross Profit

    7:23
  54. Your videos have truly helped more than I could ever explain! They gave me such a good guideline for how to solve problems, and how you go through each problem step-by-step makes accounting seem so much easier.
    — Caitlyn, Spring 2018

    Chapter 6
    Cash and Bank Reconciliations

  55. Cash and Cash Equivalents

    7:52
  56. Bank Reconciliations: What and Why

    9:38
  57. Bank Reconciliations: How

    20:57
  58. Debit and Credit Memos

    5:21
  59. Fixing Mistakes in Bank Recs

    8:32
  60. 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 7
    Accounts Receivable and Bad Debts

  61. A/R and Bad Debts Introduction

    7:09
  62. Direct Method

    4:15
  63. The Allowance Method

    8:56
  64. Income Statement vs Balance Sheet Methods

    13:14
  65. Net Credit Sales

    5:20
  66. Write Offs and Reinstatements

    8:26
  67. Notes Receivable

    11:27
  68. Did not go to class at all for the last exam, learned everything from your videos. Thank you!
    — Jimmy, Spring 2016

    Chapter 8
    Long Term Assets and Depreciation

  69. Acquisition Cost of Assets

    13:23
  70. Lump Sum Purchases

    6:01
  71. What is Depreciation?

    11:23
  72. Straight Line Depreciation

    4:33
  73. Double Declining Balance

    13:58
  74. Units of Production

    3:43
  75. Partial Year Depreciation

    5:50
  76. Capital vs. Revenue Expenditures

    10:42
  77. Thank you for saving my semester. You rock.
    — Caitlin, Fall 2017

    Chapter 9
    Current Liabilities, Contingencies, and the Time Value of Money

  78. Interest Bearing Notes

    8:26
  79. Non-interest Bearing Notes

    6:16
  80. Contingencies

    5:58
  81. What is Present Value

    8:15
  82. Simple vs Compound

    14:41
  83. PV of a Lump Sum

    4:39
  84. PV of a Lump Sum

    6:09
  85. Ordinary Annuity

    7:16
  86. Purchasing with an Annuity

    4:31
  87. Finding the Payment

    6:07
  88. 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 10
    Bonds, Bonds, and Bonds

  89. Intro to Bonds

    10:04
  90. Discounts and Premiums

    7:34
  91. Selling at a Discount

    7:15
  92. Selling for a Premium

    8:11
  93. Amortization

    21:42
  94. Borrowing Cost

    6:33
  95. Interacting with Market Rates

    5:30
  96. Retiring Bonds

    9:54
  97. You definitely saved my grade in accounting, and you explained things very well.
    — Nicholas C., Fall 2019

    Chapter 11
    Shareholder's Equity

  98. Shareholder's Equity

    5:12
  99. Stock Classifications

    4:19
  100. Issuance of Stock

    6:37
  101. Treasury Stock

    11:11
  102. Cash Dividends

    9:58
  103. The Effect of Cash Dividends

    6:08
  104. Stock Dividends

    13:48
  105. I learn ten times better off of videos like yours.
    — Giancarlo, Spring 2019

    Chapter 12
    Cash Flows

  106. Cash Flow Overview

    6:02
  107. Operating Cash Flows

    18:41
  108. Indirect Method

    14:26
  109. Investing Cash Flows

    5:14
  110. Financing Cash Flows

    3:17
  111. Depreciation in Cash Flows

    5:50
  112. PPE for Cash Flows

    2:39
  113. Bringing it All Together

    13:57
  114. 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