iRubric: Practice Set (Journal, Ledger, Trial Balance) Rubric

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Practice Set (Journal, Ledger, Trial Balance) Rubric Accounting Simulation Rubric Rubric Code: DX87569 By dnslvcn Ready to use Public Rubric Subject: Accounting Type: Assessment Grade Levels: 9-12

Practice Set
	Unsatisfactory 1 pts	Partially Proficient 2 pts	Proficient 3 pts	Advanced 4 pts
Journalizing Business Transactions 10 points	Unsatisfactory Shows little to no understanding of the principles of journalizing accurately in the appropriate journal.	Partially Proficient Shows a basic understanding of the principles of journalizing accurately in the appropriate journal.	Proficient Shows a good understanding of the principles of journalizing accurately in the appropriate journal.	Advanced Shows a well developed understanding of the principles of journalizing accurately in the appropriate journal with no errors.
Posting 5 points	Unsatisfactory Shows little to no understanding of the principles of posting.	Partially Proficient Shows a basic understanding of the principles of posting.	Proficient Shows a good understanding of the principles of posting.	Advanced Shows a well developed understanding of the principles of posting with no errors.
Trial Balance 5 points	Unsatisfactory There is no trial balance.	Partially Proficient The entire trial balanceis not completed.	Proficient The entire trial balance is correctly prepared, with no more than two major errors.	Advanced The entire trial balance is correctly prepared with no errors
Timeliness 5 points	Unsatisfactory Submitted to 8-10 days late.	Partially Proficient Submitted 4-7 days late.	Proficient Submitted 1-3 days late.	Advanced Submitted on or before the deadline.