acct209 at Texas A&M

Online, On-demand Acct 209 Exam Review

Looking for an exam review for Acct 209? 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 96 videos, and wrote 77 practice problems for Acct 209. 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: acct209.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. Retained Earnings vs Shareholder's Equity

    6:41
  7. The Income Statement

    6:19
  8. The Statement of Cash Flows

    6:02
  9. How the Statements Work Together

    9:02
  10. 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 2
    Recording Business Transactions

  11. T-Accounts

    3:15
  12. Debits and Credits

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

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

    11:53
  15. Normal Balance Shortcut: Double Entry

    11:51
  16. Normal Balance Shortcut: DEAD Mnemonic

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

    14:00
  18. Loved how you explained the lectures, especially things like PV & PVOA.
    — Zach M., Fall 2019

    Chapter 3
    Adjustments for Financial Reporting

  19. Cash vs. Accrual Accounting

    7:21
  20. Expense Recognition

    8:07
  21. Accruals and Deferrals

    15:07
  22. What is an Adjusting Entry?

    4:11
  23. Adjusting Entry: Supplies

    1:54
  24. Adjusting Entry: Wages

    4:52
  25. Adjusting Entry: Unearned Revenue

    2:11
  26. Adjusting Entry: Interest

    2:03
  27. Contra-accounts

    4:40
  28. Depreciation

    7:10
  29. 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 4
    Completing the Accounting Cycle

  30. The Closing Process

    10:37
  31. The Classified Balance Sheet

    4:48
  32. Current Assets

    9:57
  33. Non-Current Assets

    10:25
  34. Current Liabilities

    6:24
  35. Non-Current Liabilites

    2:00
  36. Contributed Capital

    5:10
  37. Ratios: Current Ratio

    4:00
  38. 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

    Chapters 5 & 6
    Measuring and Reporting Inventories

  39. The Multistep Income Statement

    12:44
  40. Gross Profit vs Net Profit

    6:15
  41. Profit Margin

    3:22
  42. Net Sales

    10:03
  43. COGS and Inventory

    2:57
  44. Perpetual vs Periodic

    7:10
  45. FOB Shipping?

    8:51
  46. Transportation In

    8:41
  47. COGS

    6:18
  48. Drawbacks to Periodic

    6:07
  49. Specific Identification

    2:17
  50. Weighted Average

    4:21
  51. FIFO and LIFO

    20:17
  52. Estimating with Gross Profit

    7:23
  53. It really is a great resource, and you're an excellent accounting instructor.
    — Scott, Spring 2018

    Chapter 8
    Receivables and Payables

  54. A/R and Bad Debts Introduction

    7:09
  55. Direct Method

    4:15
  56. The Allowance Method

    8:56
  57. Income Statement vs Balance Sheet Methods

    13:14
  58. Net Credit Sales

    5:20
  59. Write Offs and Reinstatements

    8:26
  60. Notes Receivable

    11:27
  61. Interest Bearing Notes

    8:26
  62. Non-interest Bearing Notes

    6:16
  63. Contingencies

    5:58
  64. 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 9
    Long Term Assets and Depreciation

  65. Acquisition Cost of Assets

    13:23
  66. Lump Sum Purchases

    6:01
  67. What is Depreciation?

    11:23
  68. Straight Line Depreciation

    4:33
  69. Double Declining Balance

    13:58
  70. Units of Production

    3:43
  71. Partial Year Depreciation

    5:50
  72. Capital vs. Revenue Expenditures

    10:42
  73. 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

    Time Value of Money
    The Time Value of Money

  74. What is Present Value

    8:15
  75. Simple vs Compound

    14:41
  76. PV of a Lump Sum

    4:39
  77. PV of a Lump Sum

    6:09
  78. Ordinary Annuity

    7:16
  79. Purchasing with an Annuity

    4:31
  80. Finding the Payment

    6:07
  81. I stopped going to class after the second test and pretty much just watched your chapter videos.
    — Ryan, Spring 2016

    Chapter 10
    Long Term Financing (Bonds)

  82. Intro to Bonds

    10:04
  83. Discounts and Premiums

    7:34
  84. Selling at a Discount

    7:15
  85. Selling for a Premium

    8:11
  86. Amortization

    21:42
  87. Borrowing Cost

    6:33
  88. Interacting with Market Rates

    5:30
  89. Retiring Bonds

    9:54
  90. Just wanted to say thank you for creating this tutoring page. It is extremely useful and it has helped me so much. You are amazing.
    — Nicold, Fall 2019

    Chapter 11
    Stockholder's Equity

  91. Shareholder's Equity

    5:12
  92. Stock Classifications

    4:19
  93. Issuance of Stock

    6:37
  94. Treasury Stock

    11:11
  95. Cash Dividends

    9:58
  96. The Effect of Cash Dividends

    6:08
  97. Stock Dividends

    13:48
  98. Your videos are the real deal. They have helped so much and I appreciate you.
    — Clayton, Fall 2016

    Chapter 12
    Cash Flows

  99. Cash Flow Overview

    6:02
  100. Operating Cash Flows

    18:41
  101. Indirect Method

    14:26
  102. Investing Cash Flows

    5:14
  103. Financing Cash Flows

    3:17
  104. Depreciation in Cash Flows

    5:50
  105. PPE for Cash Flows

    2:39
  106. Bringing it All Together

    13:57
  107. It definitely helped me make sense of the last couple chapters before the final when things in class started going over my head. I like that you use visuals and diagrams as well as going through examples. The visual for the breakdown of authorized stock is an example of one I found extremely helpful.
    — Caitlin, Spring 2016

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