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.
    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 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 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 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.
    Thank you for your website and great/clear teaching abilities!
    — Julie, Fall 2017

    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.
    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 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.
    It really is a great resource, and you're an excellent accounting instructor.
    — Scott, Spring 2018

    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.
    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 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.
    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 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 creating and providing these resources! It was very helpful and taught concepts in an engaging and simple manner.
    — Joseph Y., Fall 2019

    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.
    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 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.
    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 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.
    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