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

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    The Accounting Equation

    3:02
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    Assets vs Liabilities

    5:32
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    Shareholder's Equity

    5:26
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    The Balance Sheet

    5:52
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    The Statement of Retained Earnings

    5:51
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    The Income Statement

    6:19
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    The Statement of Cash Flows

    6:02
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    How the Statements Work Together

    9:02
    9. There are 5 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 2
    The Financial Statements

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    Current Assets

    9:57
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    Non-Current Assets

    10:25
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    Current Liabilities

    6:24
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    Non-Current Liabilites

    2:00
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    Contributed Capital

    5:10
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    The Classified Balance Sheet

    4:48
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    The Multistep Income Statement

    12:44
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    Retained Earnings vs Shareholder's Equity

    6:41
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    Ratios: Working Capital

    2:29
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    Ratios: Current Ratio

    4:00
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    Gross Profit vs Net Profit

    6:15
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    Profit Margin

    3:22
    21. There are 6 practice problems in this chapter.
    Thank you so much for the videos you put together. They are a tremendous help and I really appreciate all that you do!
    — Conner, Fall 2015

    Chapter 3
    Journals, Ledgers, T-Accounts, and Normal Balances

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    T-Accounts

    3:15
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    Debits and Credits

    6:49
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    Determining Normal Balances For Assets & Liabilities

    10:04
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    Determining Normal Balance for Shareholder's Equity

    11:53
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    Normal Balance Shortcut: Double Entry

    11:51
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    Normal Balance Shortcut: DEAD Mnemonic

    2:36
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    The Journal, Ledger, Trial Balance

    14:00
    28. There are 9 practice problems in this chapter.
    Thank you so much for your website and for the time and effort that you put into it. It has been a huge help.
    — Josh, Spring 2018

    Chapter 4
    Differences in Timing, Adjusting Entries, and the Closing Process

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    Cash vs. Accrual Accounting

    7:21
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    Expense Recognition

    8:07
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    Accruals and Deferrals

    15:07
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    What is an Adjusting Entry?

    4:11
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    Adjusting Entry: Supplies

    1:54
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    Adjusting Entry: Wages

    4:52
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    Adjusting Entry: Unearned Revenue

    2:11
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    Adjusting Entry: Interest

    2:03
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    Contra-accounts

    4:40
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    Depreciation

    7:10
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    The Closing Process

    10:37
    39. There are 18 practice problems in this chapter.
    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 5
    All About Inventory

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    COGS and Inventory

    2:57
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    Net Sales

    10:03
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    Perpetual vs Periodic

    7:10
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    FOB Shipping?

    8:51
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    Transportation In

    8:41
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    COGS

    6:18
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    Drawbacks to Periodic

    6:07
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    Specific Identification

    2:17
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    Weighted Average

    4:21
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    FIFO and LIFO

    20:17
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    Estimating with Gross Profit

    7:23
    50. There are 8 practice problems in this chapter.
    These videos alone helped me get a B in accounting this semester. I didn't go to class at all. Thanks so much!
    — Natalia, Spring 2016

    Chapter 6
    Cash and Bank Reconciliations

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    Cash and Cash Equivalents

    7:52
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    Bank Reconciliations: What and Why

    9:38
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    Bank Reconciliations: How

    20:57
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    Debit and Credit Memos

    5:21
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    Fixing Mistakes in Bank Recs

    8:32
    55. There are 2 practice problems in this chapter.
    I wanna say thank you very much for doing the videos. I just got my grade and I made an A in accounting, and I must say I owe it to you and your videos.
    — Daniel, Spring 2016

    Chapter 7
    Accounts Receivable and Bad Debts

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    A/R and Bad Debts Introduction

    7:09
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    Direct Method

    4:15
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    The Allowance Method

    8:56
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    Income Statement vs Balance Sheet Methods

    13:14
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    Net Credit Sales

    5:20
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    Write Offs and Reinstatements

    8:26
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    Notes Receivable

    11:27
    62. There are 4 practice problems in this chapter.
    I stopped going to class after the second test and pretty much just watched your chapter videos.
    — Ryan, Spring 2016

    Chapter 8
    Long Term Assets and Depreciation

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    Acquisition Cost of Assets

    13:23
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    Lump Sum Purchases

    6:01
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    What is Depreciation?

    11:23
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    Straight Line Depreciation

    4:33
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    Double Declining Balance

    13:58
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    Units of Production

    3:43
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    Partial Year Depreciation

    5:50
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    Capital vs. Revenue Expenditures

    10:42
    70. There are 5 practice problems in this chapter.
    I would like to genuinely thank you because without you I wouldn't have passed the class.
    — Marcos-Anton, Spring 2019

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

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    Interest Bearing Notes

    8:26
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    Non-interest Bearing Notes

    6:16
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    Contingencies

    5:58
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    What is Present Value

    8:15
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    Simple vs Compound

    14:41
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    PV of a Lump Sum

    4:39
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    PV of a Lump Sum

    6:09
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    Ordinary Annuity

    7:16
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    Purchasing with an Annuity

    4:31
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    Finding the Payment

    6:07
    80. There are 4 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 10
    Bonds, Bonds, and Bonds

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    Intro to Bonds

    10:04
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    Discounts and Premiums

    7:34
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    Selling at a Discount

    7:15
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    Selling for a Premium

    8:11
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    Amortization

    21:42
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    Borrowing Cost

    6:33
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    Interacting with Market Rates

    5:30
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    Retiring Bonds

    9:54
    88. There are 5 practice problems in this chapter.
    This website was amazing. I was SO lost in lecture but these videos really helped me piece everything together. I tried outside tutoring but it didn't work. THIS is what you need to ensure you are understanding ALL material.
    — Valeria, Fall 2019

    Chapter 11
    Shareholder's Equity

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    Shareholder's Equity

    5:12
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    Stock Classifications

    4:19
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    Issuance of Stock

    6:37
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    Treasury Stock

    11:11
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    Cash Dividends

    9:58
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    The Effect of Cash Dividends

    6:08
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    Stock Dividends

    13:48
    95. There are 6 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 12
    Cash Flows

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    Cash Flow Overview

    6:02
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    Operating Cash Flows

    18:41
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    Indirect Method

    14:26
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    Investing Cash Flows

    5:14
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    Financing Cash Flows

    3:17
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    Depreciation in Cash Flows

    5:50
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    PPE for Cash Flows

    2:39
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    Bringing it All Together

    13:57
    103. There are 7 practice problems in this chapter.
    Your videos are the real deal. They have helped so much and I appreciate you.
    — Clayton, Fall 2016