accy201 at Ole Miss
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 84 videos, which means you get 845 minutes of accounting (lucky you)
  • There are 70 practice problems right now, and I'm always adding more.
  • Those problems & videos cover all 11 chapters of Accy 201.
  • You can email me anytime at [email protected].

The Whole Class All of the Videos

    Chapter 1
    Introduction to Accounting

  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 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 2
    Recording Transactions

  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. Retained Earnings vs Shareholder's Equity

    6:41

  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. There are 13 practice problems in this chapter.
    I can learn a lot from your videos and they are easy to understand. I have a better understanding after watching your videos which also helped me get a better result for my previous semester.
    — Olivia, Fall 2017

    Chapter 3
    Adjusting Accounts

  23. Cash vs. Accrual Accounting

    7:21

  24. Expense Recognition

    8:07

  25. Accruals and Deferrals

    15:07

  26. What is an Adjusting Entry?

    4:11

  27. Adjusting Entry: Supplies

    1:54

  28. Adjusting Entry: Wages

    4:52

  29. Adjusting Entry: Unearned Revenue

    2:11

  30. Adjusting Entry: Interest

    2:03

  31. Contra-accounts

    4:40

  32. Depreciation

    7:10

  33. The Closing Process

    10:37
    34. 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
    Merchandising Firms

  34. COGS and Inventory

    2:57

  35. Net Sales

    10:03

  36. Perpetual vs Periodic

    7:10

  37. Drawbacks to Periodic

    6:07

  38. FOB Shipping?

    8:51

  39. Transportation In

    8:41

  40. COGS

    6:18

  41. The Multistep Income Statement

    12:44

  42. Gross Profit vs Net Profit

    6:15

  43. Profit Margin

    3:22
    44. There are 7 practice problems in this chapter.
    The videos are are very helpful. You really have a way of making the material very understandable. You should be a college professor!!
    — Nicole, Spring 2018

    Chapter 5
    Inventories

  44. Specific Identification

    2:17

  45. Weighted Average

    4:21

  46. FIFO and LIFO

    20:17

  47. Estimating with Gross Profit

    7:23
    48. There are 2 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 6
    Cash and Bank Reconciliations

  48. Cash and Cash Equivalents

    7:52

  49. Bank Reconciliations: What and Why

    9:38

  50. Bank Reconciliations: How

    20:57

  51. Debit and Credit Memos

    5:21

  52. Fixing Mistakes in Bank Recs

    8:32
    53. There are 2 practice problems in this chapter.
    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 7
    Accounts Receivable and Bad Debts

  53. A/R and Bad Debts Introduction

    7:09

  54. Direct Method

    4:15

  55. The Allowance Method

    8:56

  56. Income Statement vs Balance Sheet Methods

    13:14

  57. Net Credit Sales

    5:20

  58. Write Offs and Reinstatements

    8:26

  59. Notes Receivable

    11:27
    60. There are 4 practice problems in this chapter.
    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 8
    Long Term Assets

  60. Acquisition Cost of Assets

    13:23

  61. Lump Sum Purchases

    6:01

  62. What is Depreciation?

    11:23

  63. Straight Line Depreciation

    4:33

  64. Double Declining Balance

    13:58

  65. Units of Production

    3:43

  66. Partial Year Depreciation

    5:50

  67. Capital vs. Revenue Expenditures

    10:42
    68. There are 5 practice problems in this chapter.
    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 9
    Current Liabilities

  68. Interest Bearing Notes

    8:26

  69. Contingencies

    5:58
    70. There are 3 practice problems in this chapter.
    You are awesome, and I so wish I would have found you at the beginning of the semester
    — Katie K., Spring 2016

    Chapter 10
    Long Term Liabilities

  70. Intro to Bonds

    10:04

  71. Discounts and Premiums

    7:34

  72. Selling at a Discount

    7:15

  73. Selling for a Premium

    8:11

  74. Amortization

    21:42

  75. Borrowing Cost

    6:33

  76. Interacting with Market Rates

    5:30

  77. Retiring Bonds

    9:54
    78. There are 5 practice problems in this chapter.
    Your website is dope, it helped me a lot honestly and I never actually understood like I did when I used the website.
    — Blaze T., Fall 2019

    Chapter 11
    Capital Stock

  78. Shareholder's Equity

    5:12

  79. Stock Classifications

    4:19

  80. Issuance of Stock

    6:37

  81. Treasury Stock

    11:11

  82. Cash Dividends

    9:58

  83. The Effect of Cash Dividends

    6:08

  84. Stock Dividends

    13:48
    85. There are 6 practice problems in this chapter.
    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