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

    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. 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 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. I cannot even tell you how helpful your videos were to me when learning this material. I just got my grade back on my first test and I got an A. I don't think my grade would have been that high without your videos.
    — Sean, Fall 2015

    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. Your site was a great crash course for procrastinators like me, and watching your videos at 2x speed along with my lectures was enough to do well on the exam.
    — Nathan, Fall 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. I just wanted to say thank you for all of the time you have put into this website! All of the videos and practice really helped me improve my accounting grade.
    — Sarah M., Fall 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. 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 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. You are awesome, and I so wish I would have found you at the beginning of the semester
    — Katie K., Spring 2016

    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. 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 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. 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 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. Your website led me to what will hopefully (final grades haven't been posted) be an A in accounting. I told everyone I know taking the class next semester to not waste their money on the tutoring services and to go to your site.
    — Monte, Spring 2016

    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. 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

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