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. As soon as I subscribed, my test grades went up at LEAST a letter grade. I only use your website and the book to study and I am about to take my final exam. I haven’t been able to come across video as helpful or as easy to follow as yours. It was beautifully simple and simply beautiful how you made it seem like a puzzle and that I should not be intimidated by financial accounting. Hopefully this final goes well, and I'm watching your videos right now to get a little review before hand.
    — Jeronimo, Summer 2018

    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. Your website is so awesome!! Seriously you give a fresh perspective on all the topics talked about in class and the vocabulary you use is very easy to understand. The way you teach almost makes the material feel very easy to comprehend.
    — Kyle F., Fall 2019

    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. 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 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. 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 5
    Cash and Bank Reconciliations

  43. Cash and Cash Equivalents

    7:52
  44. Bank Reconciliations: What and Why

    9:38
  45. Bank Reconciliations: How

    20:57
  46. Debit and Credit Memos

    5:21
  47. Fixing Mistakes in Bank Recs

    8:32
  48. I learn ten times better off of videos like yours.
    — Giancarlo, Spring 2019

    Chapter 6
    Accounts Receivable and Bad Debts

  49. A/R and Bad Debts Introduction

    7:09
  50. Direct Method

    4:15
  51. The Allowance Method

    8:56
  52. Income Statement vs Balance Sheet Methods

    13:14
  53. Net Credit Sales

    5:20
  54. Write Offs and Reinstatements

    8:26
  55. Notes Receivable

    11:27
  56. Thank you for creating and providing these resources! It was very helpful and taught concepts in an engaging and simple manner.
    — Joseph Y., Fall 2019

    Chapter 7
    All About Inventory

  57. COGS and Inventory

    2:57
  58. Net Sales

    10:03
  59. Perpetual vs Periodic

    7:10
  60. FOB Shipping?

    8:51
  61. Transportation In

    8:41
  62. COGS

    6:18
  63. Drawbacks to Periodic

    6:07
  64. Specific Identification

    2:17
  65. Weighted Average

    4:21
  66. FIFO and LIFO

    20:17
  67. Estimating with Gross Profit

    7:23
  68. 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 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. I didn’t find your site until second half of the semester last spring and wish that I had used it all along!
    — Hunt, Spring 2019

    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. Intro to Bonds

    10:04
  82. Discounts and Premiums

    7:34
  83. Selling at a Discount

    7:15
  84. Selling for a Premium

    8:11
  85. Amortization

    21:42
  86. Borrowing Cost

    6:33
  87. Interacting with Market Rates

    5:30
  88. Retiring Bonds

    9:54
  89. 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
    Shareholder's Equity

  90. Shareholder's Equity

    5:12
  91. Stock Classifications

    4:19
  92. Issuance of Stock

    6:37
  93. Treasury Stock

    11:11
  94. Cash Dividends

    9:58
  95. The Effect of Cash Dividends

    6:08
  96. Stock Dividends

    13:48
  97. I stopped going to class when I found out about your website. You offered a clearer way of communicating accounting and I appreciate that.
    — Colton, Fall 2018

    Chapter 11
    Cash Flows

  98. Cash Flow Overview

    6:02
  99. Operating Cash Flows

    18:41
  100. Indirect Method

    14:26
  101. Investing Cash Flows

    5:14
  102. Financing Cash Flows

    3:17
  103. Depreciation in Cash Flows

    5:50
  104. PPE for Cash Flows

    2:39
  105. Bringing it All Together

    13:57
  106. Loved how you explained the lectures, especially things like PV & PVOA.
    — Zach M., Fall 2019