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iRubric: Accounting Principles rubric

iRubric: Accounting Principles rubric

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Accounting Principles 
Rubric Code: P47A3
Draft
Public Rubric
Subject: (General)  
Type: Exam  
Grade Levels: Undergraduate

Powered by iRubric 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.





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