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.

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

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 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

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.

Thank you for saving my semester. You rock.

— Caitlin, Fall 2017

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.

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 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.

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

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.

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

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.

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 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 would like to genuinely thank you because without you I wouldn't have passed the class.

— Marcos-Anton, Spring 2019

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.

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 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.

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