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 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 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. Did not go to class at all for the last exam, learned everything from your videos. Thank you!
    — Jimmy, Spring 2016

    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. 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 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. 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

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

    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. I wanna say thank you very much for doing the videos. I just got my grade and I made an A in accounting, and I must say I owe it to you and your videos.
    — Daniel, Spring 2016

    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. You are awesome, and I so wish I would have found you at the beginning of the semester
    — Katie K., Spring 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 seriously can't put into words how grateful I am to have found your videos for Financial Accounting last semester. If it wasn't for your website I could not have passed that class, my professor was awful and you taught it in such a clear and understandable way!
    — Monear, Spring 2019

    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. You definitely saved my grade in accounting, and you explained things very well.
    — Nicholas C., 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. 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 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. 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

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