Accounting Tutoring - COB 241, James Madison University

The Whole Class All of the Videos

Topic 1
Introduction to Financial Accounting

The Accounting Equation

3:02

Assets vs Liabilities

5:32

Shareholder's Equity

5:26

The Balance Sheet

5:52

The Statement of Retained Earnings

5:51

The Income Statement

6:19

The Statement of Cash Flows

6:02

How the Statements Work Together

9:02

There are 5 practice problems in this topic.

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

Topic 2
The Financial Statements

Current Assets

9:57

Non-Current Assets

10:25

Current Liabilities

6:24

Non-Current Liabilites

2:00

Contributed Capital

5:10

The Classified Balance Sheet

4:48

The Multistep Income Statement

12:44

Retained Earnings vs Shareholder's Equity

6:41

Ratios: Working Capital

2:29

Ratios: Current Ratio

4:00

Gross Profit vs Net Profit

6:15

Profit Margin

3:22

There are 6 practice problems in this topic.

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

Topic 3
Journals, Ledgers, T-Accounts, and Normal Balances

T-Accounts

3:15

Debits and Credits

6:49

Determining Normal Balances For Assets & Liabilities

10:04

Determining Normal Balance for Shareholder's Equity

11:53

Normal Balance Shortcut: Double Entry

11:51

Normal Balance Shortcut: DEAD Mnemonic

2:36

The Journal, Ledger, Trial Balance

14:00

There are 9 practice problems in this topic.

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

Topic 4
Accrual Accounting and Adjusting Entries

Cash vs. Accrual Accounting

7:21

Expense Recognition

8:07

Accruals and Deferrals

15:07

What is an Adjusting Entry?

4:11

Adjusting Entry: Supplies

1:54

Adjusting Entry: Wages

4:52

Adjusting Entry: Unearned Revenue

2:11

Adjusting Entry: Interest

2:03

Contra-accounts

4:40

Depreciation

7:10

The Closing Process

10:37

There are 18 practice problems in this topic.

You saved me in accounting and I made an A!

— Liz, Fall 2016

Topic 5
Inventory

COGS and Inventory

2:57

Net Sales

10:03

Perpetual vs Periodic

7:10

FOB Shipping?

8:51

Transportation In

8:41

COGS

6:18

Drawbacks to Periodic

6:07

Specific Identification

2:17

Weighted Average

4:21

FIFO and LIFO

20:17

Estimating with Gross Profit

7:23

There are 8 practice problems in this topic.

Thank you for saving my semester. You rock.

— Caitlin, Fall 2017

Topic 6
Cash and Bank Reconciliations

Cash and Cash Equivalents

7:52

Bank Reconciliations: What and Why

9:38

Bank Reconciliations: How

20:57

Debit and Credit Memos

5:21

Fixing Mistakes in Bank Recs

8:32

There are 2 practice problems in this topic.

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

Topic 7
Accounts Receivable

A/R and Bad Debts Introduction

7:09

Direct Method

4:15

The Allowance Method

8:56

Income Statement vs Balance Sheet Methods

13:14

Net Credit Sales

5:20

Write Offs and Reinstatements

8:26

There are 4 practice problems in this topic.

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

Topic 8
Fixed Assets and Depreciation

Acquisition Cost of Assets

13:23

Lump Sum Purchases

6:01

What is Depreciation?

11:23

Straight Line Depreciation

4:33

Double Declining Balance

13:58

Units of Production

3:43

Partial Year Depreciation

5:50

Capital vs. Revenue Expenditures

10:42

There are 5 practice problems in this topic.

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

Topic 9
Liabilities

Interest Bearing Notes

8:26

Non-interest Bearing Notes

6:16

Contingencies

5:58

There are 3 practice problems in this topic.

As soon as I subscribed, my test grades went up at LEAST a letter grade. I only use your website and the book to study and I am about to take my final exam. I haven’t been able to come across video as helpful or as easy to follow as yours. It was beautifully simple and simply beautiful how you made it seem like a puzzle and that I should not be intimidated by financial accounting. Hopefully this final goes well, and I'm watching your videos right now to get a little review before hand.

— Jeronimo, Summer 2018

Topic 10
The Time Value of Money

What is Present Value

8:15

Simple vs Compound

14:41

PV of a Lump Sum

4:39

PV of a Lump Sum

6:09

Ordinary Annuity

7:16

Purchasing with an Annuity

4:31

Finding the Payment

6:07

There are 1 practice problems in this topic.

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