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iRubric: Accounting Principles rubric
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Accounting Principles
Rubric Code:
P47A3
By
teacher
Draft
Public Rubric
Subject:
(General)
Type:
Exam
Grade Levels:
Undergraduate
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Exam 2
Good
5 pts
Fair
3 pts
Poor
1 pts
Trial Balance
Good
Trial Balance is in balance and the amount is correct. Report heading includes the name of the company, the title of the report, and the period covered by the report.
Fair
Trial Balance is in balance, but the column totals are not correct and/or the report heading is incomplete or incorrect.
Poor
Trial Balance does not balance, report heading is incomplete and/or incorrect.
Adjusting Entries
Good
Dates, account names, and amounts are correct and on the proper side (debit or credit).
Fair
Accounts are correct and on the proper side (debit or credit) but amounts are incorrect.
Poor
Accounts and/or amounts are incorrect. Debits and credits are on the wrong side.
Subjects:
Accounting
(General)
Types:
Exam
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