Accounting Tutoring - ACC 300, University of Michigan--Ann Arbor

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.

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— Jeronimo, Summer 2018

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.

Your website led me to what will hopefully (final grades haven't been posted) be an A in accounting. I told everyone I know taking the class next semester to not waste their money on the tutoring services and to go to your site.

— Monte, Spring 2016

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.

Thanks for making this site, it came in clutch for every exam.

— Lane, Spring 2016

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.

The videos were clear and easy to understand and the breakdown into short simple videos was nice. That way you weren't having to watch an hour long lecture when all you needed was 5 minutes of information.

— Kyle, Spring 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.

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 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.

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 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.

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

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.

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

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.

Your site was the reason I got an A. This was the most helpful website, and your videos were extremely clear. I am so thankful it was recommended to me and I recommend it to anyone who really wants to understand and do well in the course.

— Kaitlyn C., 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