# Accounting (ACCT) courses

Palomar College · 2026-2027 Catalog · 8 courses

Source: https://palomar.curriqunet.com/catalog/iq/32573/33385/32575

"Offered" lists sections in this catalog year's class schedules: Fall 2026, Spring 2027.

### ACCT 101 — Bookkeeping

- **Units:** 3
- **Hours:** 3.00 hours lecture
- **Transfers to:** CSU
- **Offered:** Fall 2026, 3 sections (/c/palomar-college/schedule/fall-2026/acct.md); Spring 2027, 3 sections (/c/palomar-college/schedule/spring-2027/acct.md)
- Grading: Grade/Pass/No Pass

Comprehensive coverage of the basic bookkeeping cycle, including journalizing, posting, worksheet and financial statements. Designed to give practical preparation for bookkeeping positions.

### ACCT 104 — Accounting Spreadsheet Concepts

- **Units:** 2
- **Hours:** 2.00 hours lecture
- **Prerequisite:** (Completion of, or concurrent enrollment in): ACCT 101 or ACCT 201
- **Transfers to:** CSU
- **Offered:** Fall 2026, 2 sections (/c/palomar-college/schedule/fall-2026/acct.md); Spring 2027, 2 sections (/c/palomar-college/schedule/spring-2027/acct.md)
- Grading: Grade/Pass/No Pass

Application of fundamental and some intermediate spreadsheet concepts, principles, and commands in working with templates and modeling problems in accounting principles.

### ACCT 105 — Individual Income Taxes

- **Units:** 4
- **Hours:** 4.00 hours lecture
- **Transfers to:** CSU
- **Offered:** Fall 2026, 1 section (/c/palomar-college/schedule/fall-2026/acct.md)
- Grading: Grade/Pass/No Pass

Tax planning and preparation topics for individuals including filing status, exemptions, income and exclusions, business expenses, itemized deductions, credits, capital gains, depreciation, tax payments, California Personal Income Tax.

### ACCT 107 — Taxation of Business Entities

- **Units:** 4
- **Hours:** 4.00 hours lecture
- **Transfers to:** CSU
- **Offered:** Spring 2027, 1 section (/c/palomar-college/schedule/spring-2027/acct.md)
- Grading: Grade/Pass/No Pass

Taxation from a business entities approach including business deductions, losses, property transactions, and tax credits. Topics will include rules related to corporations, partnerships and S corporations.

### ACCT 110 — Quickbooks

- **Units:** 2
- **Hours:** 1.00 hours lecture, 3.00 hours lab
- **Prerequisite:** ACCT 201 or ACCT 101
- **Transfers to:** CSU
- **Offered:** Fall 2026, 4 sections (/c/palomar-college/schedule/fall-2026/acct.md); Spring 2027, 4 sections (/c/palomar-college/schedule/spring-2027/acct.md)
- Grading: Grade/Pass/No Pass

Applying the computer in the study of accounting principles with emphasis on planning and analysis. Students prepare data and enter accounting transactions which are used as input for QuickBooks Pro in order to yield the various accounting statements as output.

### ACCT 115 — Sales Tax, Payroll Taxes, and Employee Benefits

- **Units:** 3
- **Hours:** 3.00 hours lecture
- **Advisory:** ACCT 101 or ACCT 201
- **Transfers to:** CSU
- **Offered:** Fall 2026, 2 sections (/c/palomar-college/schedule/fall-2026/acct.md); Spring 2027, 2 sections (/c/palomar-college/schedule/spring-2027/acct.md)
- Grading: Grade/Pass/No Pass

Introduction to payroll accounting with emphasis on federal and state laws, wage and tax calculations, employee benefits and employer reporting requirements. Students learn to compute employee earnings, prepare payroll records, journalize payroll transactions, and complete payroll tax forms and reports. The course emphasizes critical thinking and problem-solving in applying complex payroll regulations and explores how emerging technologies, including artificial intelligence, are transforming payroll processes and decision-making in the profession. California state salestax regulations and reporting are also emphasized.

### ACCT 201 — Financial Accounting

- **Units:** 4
- **Hours:** 4.00 hours lecture
- **C-ID:** ACCT 110
- **Transfers to:** CSU, UC
- **Offered:** Fall 2026, 12 sections (/c/palomar-college/schedule/fall-2026/acct.md); Spring 2027, 10 sections (/c/palomar-college/schedule/spring-2027/acct.md)
- Grading: Graded Only

This is the study of accounting as an information system, examining why it is important and how it is used by investors, creditors, and others to make decisions. The course covers the accounting information system, including recording and reporting of business transactions with a focus on the accounting cycle, the application of generally accepted accounting principles, the financial statements, and statement analysis. Includes issues relating to asset, liability, and equity valuation, revenue and expense recognition, cash flow, internal controls, and ethics.

### ACCT 202 — Managerial Accounting

- **Units:** 4
- **Hours:** 4.00 hours lecture
- **Prerequisite:** ACCT 201
- **C-ID:** ACCT 120
- **Transfers to:** CSU, UC
- **Offered:** Fall 2026, 6 sections (/c/palomar-college/schedule/fall-2026/acct.md); Spring 2027, 7 sections (/c/palomar-college/schedule/spring-2027/acct.md)
- Grading: Graded Only

This is the study of how managers use accounting information in decision-making, planning, directing operations, and controlling. Focuses on cost terms and concepts, cost behavior, cost structure and cost-volume-profit analysis in manufacturing and service environments.