acct2110 at Auburn
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 95 videos, which means you get 942 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 Acct 2110.
  • 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. There are 5 practice problems in this chapter.
    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 2
    The Financial Statements

  9. Current Assets

    9:57

  10. Non-Current Assets

    10:25

  11. Current Liabilities

    6:24

  12. Non-Current Liabilites

    2:00

  13. Contributed Capital

    5:10

  14. The Classified Balance Sheet

    4:48

  15. The Multistep Income Statement

    12:44

  16. Retained Earnings vs Shareholder's Equity

    6:41

  17. Ratios: Working Capital

    2:29

  18. Ratios: Current Ratio

    4:00

  19. Gross Profit vs Net Profit

    6:15

  20. Profit Margin

    3:22
    21. 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 3
    Journals, Ledgers, T-Accounts, and Normal Balances

  21. T-Accounts

    3:15

  22. Debits and Credits

    6:49

  23. Determining Normal Balances For Assets & Liabilities

    10:04

  24. Determining Normal Balance for Shareholder's Equity

    11:53

  25. Normal Balance Shortcut: Double Entry

    11:51

  26. Normal Balance Shortcut: DEAD Mnemonic

    2:36

  27. The Journal, Ledger, Trial Balance

    14:00
    28. There are 9 practice problems in this chapter.
    I honestly don't think I would've been able to pass financial without your help. With finals coming up, I feel very confident with accounting and I never thought I would! So again, thank you for all your help!
    — Claire, Fall 2016

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

  28. Cash vs. Accrual Accounting

    7:21

  29. Expense Recognition

    8:07

  30. Accruals and Deferrals

    15:07

  31. What is an Adjusting Entry?

    4:11

  32. Adjusting Entry: Supplies

    1:54

  33. Adjusting Entry: Wages

    4:52

  34. Adjusting Entry: Unearned Revenue

    2:11

  35. Adjusting Entry: Interest

    2:03

  36. Contra-accounts

    4:40

  37. Depreciation

    7:10

  38. The Closing Process

    10:37
    39. There are 18 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 5
    Cash and Bank Reconciliations

  39. Cash and Cash Equivalents

    7:52

  40. Bank Reconciliations: What and Why

    9:38

  41. Bank Reconciliations: How

    20:57

  42. Debit and Credit Memos

    5:21

  43. Fixing Mistakes in Bank Recs

    8:32
    44. There are 2 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 6
    Accounts Receivable and Bad Debts

  44. A/R and Bad Debts Introduction

    7:09

  45. Direct Method

    4:15

  46. The Allowance Method

    8:56

  47. Income Statement vs Balance Sheet Methods

    13:14

  48. Net Credit Sales

    5:20

  49. Write Offs and Reinstatements

    8:26

  50. Notes Receivable

    11:27
    51. There are 4 practice problems in this chapter.
    This website helped me pass the class, which is a miracle. The videos were easier for me to understand than the textbook, my tutor, and my professor.
    — Claire, Fall 2016

    Chapter 7
    All About Inventory

  51. COGS and Inventory

    2:57

  52. Net Sales

    10:03

  53. Perpetual vs Periodic

    7:10

  54. FOB Shipping?

    8:51

  55. Transportation In

    8:41

  56. COGS

    6:18

  57. Drawbacks to Periodic

    6:07

  58. Specific Identification

    2:17

  59. Weighted Average

    4:21

  60. FIFO and LIFO

    20:17

  61. Estimating with Gross Profit

    7:23
    62. There are 8 practice problems in this chapter.
    Your site was the reason I got an A. This was the most helpful website, and your videos were extremely clear. I am so thankful it was recommended to me and I recommend it to anyone who really wants to understand and do well in the course.
    — Kaitlyn C., Fall 2019

    Chapter 8
    Long Term Assets and Depreciation

  62. Acquisition Cost of Assets

    13:23

  63. Lump Sum Purchases

    6:01

  64. What is Depreciation?

    11:23

  65. Straight Line Depreciation

    4:33

  66. Double Declining Balance

    13:58

  67. Units of Production

    3:43

  68. Partial Year Depreciation

    5:50

  69. Capital vs. Revenue Expenditures

    10:42
    70. There are 5 practice problems in this chapter.
    Thank you for saving my semester. You rock.
    — Caitlin, Fall 2017

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

  70. Interest Bearing Notes

    8:26

  71. Non-interest Bearing Notes

    6:16

  72. Contingencies

    5:58

  73. Intro to Bonds

    10:04

  74. Discounts and Premiums

    7:34

  75. Selling at a Discount

    7:15

  76. Selling for a Premium

    8:11

  77. Amortization

    21:42

  78. Borrowing Cost

    6:33

  79. Interacting with Market Rates

    5:30

  80. Retiring Bonds

    9:54
    81. There are 8 practice problems in this chapter.
    Your site really saved my GPA and increased my understanding of accounting substantially.
    — Bailey, Fall 2016

    Chapter 10
    Shareholder's Equity

  81. Shareholder's Equity

    5:12

  82. Stock Classifications

    4:19

  83. Issuance of Stock

    6:37

  84. Treasury Stock

    11:11

  85. Cash Dividends

    9:58

  86. The Effect of Cash Dividends

    6:08

  87. Stock Dividends

    13:48
    88. 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 11
    Cash Flows

  88. Cash Flow Overview

    6:02

  89. Operating Cash Flows

    18:41

  90. Indirect Method

    14:26

  91. Investing Cash Flows

    5:14

  92. Financing Cash Flows

    3:17

  93. Depreciation in Cash Flows

    5:50

  94. PPE for Cash Flows

    2:39

  95. Bringing it All Together

    13:57
    96. There are 7 practice problems in this chapter.
    Thank you for your website and great/clear teaching abilities!
    — Julie, Fall 2017