acc311 at The University of Texas

Online, On-demand Acc 311 Exam Review

Looking for an exam review for Acc 311? You're in luck, I made videos covering that whole class! And you just found them.

My name is Aaron and I made this site, recorded 94 videos, and wrote 75 practice problems for Acc 311. You can watch them any time, anywhere. Including right now... without having to leave your house.

I've helped hundreds of students learn financial accounting.

The reason that people love my videos so much is because I explain accounting in a way that actually makes sense. I hear that over and over from my students. Let me help you understand accounting.

Don't take my word for it What Some of My Former Students Have Said

Completely changed the way I understood Accounting. These videos got me through the class! Nathan, Spring 2016
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

(Please go to class.)

Thanks for making this site, it came in clutch for every exam. Lane, Spring 2016

Need something specific? You can just shoot me an email at [email protected]. It's totally common for me to walk people through concepts over the phone, too. Since this is the internet, I'm not going to put my cell phone on this page, but shoot me an email and we can chat.

It's possible I have office hours coming up too, so check out that page here: acc311.com/office-hours.

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

    Chapter 2
    The Balance Sheet

  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. T-Accounts

    3:15
  17. Debits and Credits

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

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

    11:53
  20. Normal Balance Shortcut: Double Entry

    11:51
  21. Normal Balance Shortcut: DEAD Mnemonic

    2:36
  22. The Journal, Ledger, Trial Balance

    14:00
  23. 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 3
    The Income Statement

  24. The Multistep Income Statement

    12:44
  25. Gross Profit vs Net Profit

    6:15
  26. Profit Margin

    3:22
  27. Cash vs. Accrual Accounting

    7:21
  28. Expense Recognition

    8:07
  29. 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

    Chapter 4
    Adjustments and Financial Statements

  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. 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 12
    Cash Flows

  40. Cash Flow Overview

    6:02
  41. Operating Cash Flows

    18:41
  42. Indirect Method

    14:26
  43. Investing Cash Flows

    5:14
  44. Financing Cash Flows

    3:17
  45. Depreciation in Cash Flows

    5:50
  46. PPE for Cash Flows

    2:39
  47. Bringing it All Together

    13:57
  48. 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 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. 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 7
    All About Inventory

  56. COGS and Inventory

    2:57
  57. Net Sales

    10:03
  58. Perpetual vs Periodic

    7:10
  59. FOB Shipping?

    8:51
  60. Transportation In

    8:41
  61. COGS

    6:18
  62. Drawbacks to Periodic

    6:07
  63. Specific Identification

    2:17
  64. Weighted Average

    4:21
  65. FIFO and LIFO

    20:17
  66. Estimating with Gross Profit

    7:23
  67. 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 8
    Assets

  68. Acquisition Cost of Assets

    13:23
  69. Lump Sum Purchases

    6:01
  70. What is Depreciation?

    11:23
  71. Straight Line Depreciation

    4:33
  72. Double Declining Balance

    13:58
  73. Units of Production

    3:43
  74. Partial Year Depreciation

    5:50
  75. Capital vs. Revenue Expenditures

    10:42
  76. I would like to genuinely thank you because without you I wouldn't have passed the class.
    — Marcos-Anton, Spring 2019

    Chapter 9
    Liabilities and the Time Value of Money

  77. Notes Receivable

    11:27
  78. Interest Bearing Notes

    8:26
  79. Non-interest Bearing Notes

    6:16
  80. Contingencies

    5:58
  81. What is Present Value

    8:15
  82. Simple vs Compound

    14:41
  83. PV of a Lump Sum

    4:39
  84. PV of a Lump Sum

    6:09
  85. Ordinary Annuity

    7:16
  86. Purchasing with an Annuity

    4:31
  87. Finding the Payment

    6:07
  88. I was crying outside the classroom about my grade and a stranger walked up and told me to watch these videos.
    — Anonymous, Fall 2018

    Chapter 10
    Bonds, Bonds, Bonds

  89. Intro to Bonds

    10:04
  90. Discounts and Premiums

    7:34
  91. Selling at a Discount

    7:15
  92. Selling for a Premium

    8:11
  93. Amortization

    21:42
  94. Borrowing Cost

    6:33
  95. Interacting with Market Rates

    5:30
  96. Retiring Bonds

    9:54
  97. 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 11
    Owner's Equity

  98. Shareholder's Equity

    5:12
  99. Stock Classifications

    4:19
  100. Issuance of Stock

    6:37
  101. Treasury Stock

    11:11
  102. Cash Dividends

    9:58
  103. The Effect of Cash Dividends

    6:08
  104. Stock Dividends

    13:48
  105. I learn ten times better off of videos like yours.
    — Giancarlo, Spring 2019

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