iRubric: Accounting Chapter 10 Essay rubric

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Accounting Chapter 10 Essay

Create four closing entries for a factious company using T accounts; create a memo that lists 10 facts that give insight into the closing entry process

Rubric Code: J3A2BW

By DeborahHay

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Public Rubric

Subject: Accounting

Type: Exam

Grade Levels: 9-12

Chapter 10 Essay
	Level 4 (80-100%) (N/A)	Level 3 (70-79%) (N/A)	Level 2 (60-69%) (N/A)	Level 1 (50-59%) (N/A)
Closing Entry #1	Level 4 (80-100%) Entire content of the entry contains precisely-worded, accurate information. All 10 items are identified.	Level 3 (70-79%) Entire content of the entry contains precisely-worded, accurate information. 9 items are identified.	Level 2 (60-69%) Entire content of the entry contains precisely-worded, accurate information. 8 items are identified.	Level 1 (50-59%) Entire content of the entry contains precisely-worded, accurate information. 7 items are identified.
Closing Entry #2	Level 4 (80-100%) Entire content of the entry contains precisely-worded, accurate information. All 10 items are identified.	Level 3 (70-79%) Entire content of the entry contains precisely-worded, accurate information. 9 items are identified.	Level 2 (60-69%) Entire content of the entry contains precisely-worded, accurate information. 8 items are identified.	Level 1 (50-59%) Entire content of the entry contains precisely-worded, accurate information. 7 items are identified.
Closing Entry #3	Level 4 (80-100%) Entire content of the entry contains precisely-worded, accurate information. All 9 items are identified.	Level 3 (70-79%) Entire content of the entry contains precisely-worded, accurate information. 8 items are identified.	Level 2 (60-69%) Entire content of the entry contains precisely-worded, accurate information. 7 items are identified.	Level 1 (50-59%) Entire content of the entry contains precisely-worded, accurate information. 6 items are identified.
Closing Entry #4	Level 4 (80-100%) Entire content of the entry contains precisely-worded, accurate information. All 9 items are identified.	Level 3 (70-79%) Entire content of the entry contains precisely-worded, accurate information. 8 items are identified.	Level 2 (60-69%) Entire content of the entry contains precisely-worded, accurate information. 7 items are identified.	Level 1 (50-59%) Entire content of the entry contains precisely-worded, accurate information. 6 items are identified.
Memorandum	Level 4 (80-100%) Entire content of the entry contains precisely-worded, accurate information. Contains 8 listed items.	Level 3 (70-79%) Entire content of the entry contains precisely-worded, accurate information. Contains 7 listed items.	Level 2 (60-69%) Entire content of the entry contains precisely-worded, accurate information. Contains 6 listed items.	Level 1 (50-59%) Entire content of the entry contains precisely-worded, accurate information. Contains 5 listed items.

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