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. There are 5 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 2
    Debit and Credit Procedures

  9. T-Accounts

    3:15

  10. Debits and Credits

    6:49

  11. Determining Normal Balances For Assets & Liabilities

    10:04

  12. Determining Normal Balance for Shareholder's Equity

    11:53

  13. Normal Balance Shortcut: Double Entry

    11:51

  14. Normal Balance Shortcut: DEAD Mnemonic

    2:36
    15. There are 7 practice problems in this chapter.
    Loved how you explained the lectures, especially things like PV & PVOA.
    — Zach M., Fall 2019

    Chapter 3
    Accrual Account and The Adjusting Process

  15. The Journal, Ledger, Trial Balance

    14:00

  16. Cash vs. Accrual Accounting

    7:21

  17. Expense Recognition

    8:07

  18. Accruals and Deferrals

    15:07

  19. What is an Adjusting Entry?

    4:11

  20. Adjusting Entry: Supplies

    1:54

  21. Adjusting Entry: Unearned Revenue

    2:11

  22. Adjusting Entry: Interest

    2:03

  23. Contra-accounts

    4:40

  24. Depreciation

    7:10

  25. The Closing Process

    10:37
    26. There are 18 practice problems in this chapter.
    You definitely saved my grade in accounting, and you explained things very well.
    — Nicholas C., Fall 2019

    Chapter 4
    Concepts of Inventory

  26. COGS and Inventory

    2:57

  27. Net Sales

    10:03

  28. Perpetual vs Periodic

    7:10

  29. FOB Shipping?

    8:51

  30. Transportation In

    8:41

  31. COGS

    6:18

  32. Drawbacks to Periodic

    6:07

  33. Estimating with Gross Profit

    7:23

  34. The Multistep Income Statement

    12:44
    35. There are 8 practice problems in this chapter.
    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 5
    Inventory Cost Flow Methods

  35. Specific Identification

    2:17

  36. Weighted Average

    4:21

  37. FIFO and LIFO

    20:17
    38. There are 1 practice problems in this chapter.
    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 6
    Cash and Bank Reconciliations

  38. Cash and Cash Equivalents

    7:52

  39. Bank Reconciliations: What and Why

    9:38

  40. Bank Reconciliations: How

    20:57

  41. Debit and Credit Memos

    5:21

  42. Fixing Mistakes in Bank Recs

    8:32
    43. There are 2 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 7
    Accounts Receivable and Bad Debts

  43. A/R and Bad Debts Introduction

    7:09

  44. Direct Method

    4:15

  45. The Allowance Method

    8:56

  46. Income Statement vs Balance Sheet Methods

    13:14

  47. Net Credit Sales

    5:20

  48. Write Offs and Reinstatements

    8:26

  49. Notes Receivable

    11:27
    50. There are 4 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 8
    Long Term Assets and Depreciation

  50. Acquisition Cost of Assets

    13:23

  51. Lump Sum Purchases

    6:01

  52. What is Depreciation?

    11:23

  53. Straight Line Depreciation

    4:33

  54. Double Declining Balance

    13:58

  55. Units of Production

    3:43

  56. Partial Year Depreciation

    5:50

  57. Capital vs. Revenue Expenditures

    10:42
    58. There are 5 practice problems in this chapter.
    Your videos are the real deal. They have helped so much and I appreciate you.
    — Clayton, Fall 2016

    Chapter 9
    Liabilities

  58. Current Assets

    9:57

  59. Non-Current Assets

    10:25

  60. Current Liabilities

    6:24

  61. Non-Current Liabilites

    2:00

  62. The Classified Balance Sheet

    4:48

  63. Ratios: Current Ratio

    4:00

  64. Interest Bearing Notes

    8:26

  65. Non-interest Bearing Notes

    6:16

  66. Contingencies

    5:58
    67. There are 6 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 10
    Bonds, Bonds, and Bonds

  67. Intro to Bonds

    10:04

  68. Discounts and Premiums

    7:34

  69. Selling at a Discount

    7:15

  70. Selling for a Premium

    8:11

  71. Amortization

    21:42

  72. Borrowing Cost

    6:33

  73. Interacting with Market Rates

    5:30

  74. Retiring Bonds

    9:54
    75. There are 5 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 11
    Shareholder's Equity

  75. Shareholder's Equity

    5:12

  76. Stock Classifications

    4:19

  77. Issuance of Stock

    6:37

  78. Treasury Stock

    11:11

  79. Cash Dividends

    9:58

  80. The Effect of Cash Dividends

    6:08

  81. Stock Dividends

    13:48
    82. There are 6 practice problems in this chapter.
    Got an A in this course thanks to your videos! 10/10 would recommend to next classes to get the membership. Definitely worth it. Thanks Aaron.
    — Juan, Fall 2016