acc311 at The University of Texas
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 94 videos, which means you get 923 minutes of accounting (lucky you)
  • There are 75 practice problems right now, and I'm always adding more.
  • Those problems & videos cover all 11 chapters of Acc 311.
  • 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 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 2
    The Balance Sheet

  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. T-Accounts

    3:15

  16. Debits and Credits

    6:49

  17. Determining Normal Balances For Assets & Liabilities

    10:04

  18. Determining Normal Balance for Shareholder's Equity

    11:53

  19. Normal Balance Shortcut: Double Entry

    11:51

  20. Normal Balance Shortcut: DEAD Mnemonic

    2:36

  21. The Journal, Ledger, Trial Balance

    14:00
    22. There are 12 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 3
    The Income Statement

  22. The Multistep Income Statement

    12:44

  23. Gross Profit vs Net Profit

    6:15

  24. Profit Margin

    3:22

  25. Cash vs. Accrual Accounting

    7:21

  26. Expense Recognition

    8:07
    27. There are 5 practice problems in this chapter.
    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 4
    Adjustments and Financial Statements

  27. Accruals and Deferrals

    15:07

  28. What is an Adjusting Entry?

    4:11

  29. Adjusting Entry: Supplies

    1:54

  30. Adjusting Entry: Wages

    4:52

  31. Adjusting Entry: Unearned Revenue

    2:11

  32. Adjusting Entry: Interest

    2:03

  33. Contra-accounts

    4:40

  34. Depreciation

    7:10

  35. The Closing Process

    10:37
    36. There are 14 practice problems in this chapter.
    It really is a great resource, and you're an excellent accounting instructor.
    — Scott, Spring 2018

    Chapter 12
    Cash Flows

  36. Cash Flow Overview

    6:02

  37. Operating Cash Flows

    18:41

  38. Indirect Method

    14:26

  39. Investing Cash Flows

    5:14

  40. Financing Cash Flows

    3:17

  41. Depreciation in Cash Flows

    5:50

  42. PPE for Cash Flows

    2:39

  43. Bringing it All Together

    13:57
    44. There are 7 practice problems in this chapter.
    I slacked a bit this unit, didn’t read the book, just went to lectures and took notes, and did the required quizzes. I ended up having to cram over the last two days before the test and your site has been tremendously helpful with that.
    — Oakley, Fall 2017

    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. There are 4 practice problems in this chapter.
    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 7
    All About Inventory

  50. COGS and Inventory

    2:57

  51. Net Sales

    10:03

  52. Perpetual vs Periodic

    7:10

  53. FOB Shipping?

    8:51

  54. Transportation In

    8:41

  55. COGS

    6:18

  56. Drawbacks to Periodic

    6:07

  57. Specific Identification

    2:17

  58. Weighted Average

    4:21

  59. FIFO and LIFO

    20:17

  60. Estimating with Gross Profit

    7:23
    61. There are 8 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 8
    Assets

  61. Acquisition Cost of Assets

    13:23

  62. Lump Sum Purchases

    6:01

  63. What is Depreciation?

    11:23

  64. Straight Line Depreciation

    4:33

  65. Double Declining Balance

    13:58

  66. Units of Production

    3:43

  67. Partial Year Depreciation

    5:50

  68. Capital vs. Revenue Expenditures

    10:42
    69. There are 5 practice problems in this chapter.
    You saved me in accounting and I made an A!
    — Liz, Fall 2016

    Chapter 9
    Liabilities and the Time Value of Money

  69. Notes Receivable

    11:27

  70. Interest Bearing Notes

    8:26

  71. Non-interest Bearing Notes

    6:16

  72. Contingencies

    5:58

  73. What is Present Value

    8:15

  74. Simple vs Compound

    14:41

  75. PV of a Lump Sum

    4:39

  76. PV of a Lump Sum

    6:09

  77. Ordinary Annuity

    7:16

  78. Purchasing with an Annuity

    4:31

  79. Finding the Payment

    6:07
    80. There are 4 practice problems in this chapter.
    Thank you for your website and great/clear teaching abilities!
    — Julie, Fall 2017

    Chapter 10
    Bonds, Bonds, Bonds

  80. Intro to Bonds

    10:04

  81. Discounts and Premiums

    7:34

  82. Selling at a Discount

    7:15

  83. Selling for a Premium

    8:11

  84. Amortization

    21:42

  85. Borrowing Cost

    6:33

  86. Interacting with Market Rates

    5:30

  87. Retiring Bonds

    9:54
    88. There are 5 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 11
    Owner's Equity

  88. Shareholder's Equity

    5:12

  89. Stock Classifications

    4:19

  90. Issuance of Stock

    6:37

  91. Treasury Stock

    11:11

  92. Cash Dividends

    9:58

  93. The Effect of Cash Dividends

    6:08

  94. Stock Dividends

    13:48
    95. There are 6 practice problems in this chapter.
    Completely changed the way I understood Accounting. These videos got me through the class!
    — Nathan, Spring 2016