acct2013 at Mississippi State
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 81 videos, which means you get 817 minutes of accounting (lucky you)
  • There are 67 practice problems right now, and I'm always adding more.
  • Those problems & videos cover all 11 chapters of Acct 2013.
  • 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. 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 2
    Debit and Credit Procedures

  10. T-Accounts

    3:15
  11. Debits and Credits

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

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

    11:53
  14. Normal Balance Shortcut: Double Entry

    11:51
  15. Normal Balance Shortcut: DEAD Mnemonic

    2:36
  16. So far, your content is looking to be fantastic for strengthening my understanding of accounting concepts. Your video of perpetual and periodic inventory was very helpful.
    — Eric, Fall 2017

    Chapter 3
    Accrual Account and The Adjusting Process

  17. The Journal, Ledger, Trial Balance

    14:00
  18. Cash vs. Accrual Accounting

    7:21
  19. Expense Recognition

    8:07
  20. Accruals and Deferrals

    15:07
  21. What is an Adjusting Entry?

    4:11
  22. Adjusting Entry: Supplies

    1:54
  23. Adjusting Entry: Unearned Revenue

    2:11
  24. Adjusting Entry: Interest

    2:03
  25. Contra-accounts

    4:40
  26. Depreciation

    7:10
  27. The Closing Process

    10:37
  28. I learn ten times better off of videos like yours.
    — Giancarlo, Spring 2019

    Chapter 4
    Concepts of Inventory

  29. COGS and Inventory

    2:57
  30. Net Sales

    10:03
  31. Perpetual vs Periodic

    7:10
  32. FOB Shipping?

    8:51
  33. Transportation In

    8:41
  34. COGS

    6:18
  35. Drawbacks to Periodic

    6:07
  36. Estimating with Gross Profit

    7:23
  37. The Multistep Income Statement

    12:44
  38. Honestly, if it weren't for your website, I would not have passed this class. I bombed the first two exams with 50s, but then after one of my friends told me about your website, I managed to bring my next exam score up to a 77. I did better than the class average of 68! Your videos are super clear and easy to follow. I appreciate how much effort you put into them.
    — Nadia Lynn, Fall 2018

    Chapter 5
    Inventory Cost Flow Methods

  39. Specific Identification

    2:17
  40. Weighted Average

    4:21
  41. FIFO and LIFO

    20:17
  42. 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 6
    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. 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 7
    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. 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

  57. Acquisition Cost of Assets

    13:23
  58. Lump Sum Purchases

    6:01
  59. What is Depreciation?

    11:23
  60. Straight Line Depreciation

    4:33
  61. Double Declining Balance

    13:58
  62. Units of Production

    3:43
  63. Partial Year Depreciation

    5:50
  64. Capital vs. Revenue Expenditures

    10:42
  65. It definitely helped me make sense of the last couple chapters before the final when things in class started going over my head. I like that you use visuals and diagrams as well as going through examples. The visual for the breakdown of authorized stock is an example of one I found extremely helpful.
    — Caitlin, Spring 2016

    Chapter 9
    Liabilities

  66. Current Assets

    9:57
  67. Non-Current Assets

    10:25
  68. Current Liabilities

    6:24
  69. Non-Current Liabilites

    2:00
  70. The Classified Balance Sheet

    4:48
  71. Ratios: Current Ratio

    4:00
  72. Interest Bearing Notes

    8:26
  73. Non-interest Bearing Notes

    6:16
  74. Contingencies

    5:58
  75. 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 10
    Bonds, Bonds, and Bonds

  76. Intro to Bonds

    10:04
  77. Discounts and Premiums

    7:34
  78. Selling at a Discount

    7:15
  79. Selling for a Premium

    8:11
  80. Amortization

    21:42
  81. Borrowing Cost

    6:33
  82. Interacting with Market Rates

    5:30
  83. Retiring Bonds

    9:54
  84. 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 11
    Shareholder's Equity

  85. Shareholder's Equity

    5:12
  86. Stock Classifications

    4:19
  87. Issuance of Stock

    6:37
  88. Treasury Stock

    11:11
  89. Cash Dividends

    9:58
  90. The Effect of Cash Dividends

    6:08
  91. Stock Dividends

    13:48
  92. Thank you for saving my semester. You rock.
    — Caitlin, Fall 2017