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

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

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Practice Set (Journal, Ledger, Trial Balance) Rubric 
Rubric Code: PXB47B6
Ready to use
Public Rubric
Subject: Accounting  
Type: Assessment  
Grade Levels: 9-12

Powered by iRubric Practice Set
  Needs Improvement

1 pts

Fair

2 pts

Average

3 pts

Good

4 pts

Excellent

5 pts

Preparation of Chart of accounts

Needs Improvement

Do not shows understanding of the principles of preparing chart of accounts.
Fair

Shows little understanding of the principles of preparing chart of accounts accurately in the appropriate form.
Average

Shows a basic understanding of the principles of preparing chart of accounts accurately in the appropriate form.
Good

Shows a good understanding of the principles of preparing chart of accounts accurately in the appropriate form.
Excellent

Shows a well developed understanding of the preparing chart of accounts accurately in the appropriate form with no errors.
Format- Recording

Needs Improvement

Do not shows understanding of the principles of recording.
Fair

Shows little understanding of the principles of recording.
Average

Shows a basic understanding of the principles of recording.
Good

Shows a good understanding of the principles of recording.
Excellent

Shows a well developed understanding of the principles of recording with no errors.
Account Numbers

Needs Improvement

The entire chart of accounts do not shows understanding of assigning the appropriate account numbers.
Fair

The entire chart of accounts shows little understanding of assigning the appropriate account numbers.
Average

The entire chart of accounts shows a basic understanding of assigning the appropriate account numbers with some errors.
Good

The entire chart of accounts shows a good understanding of assigning the appropriate account numbers with minor errors.
Excellent

The entire chart of accounts shows a well-developed understanding of assigning the appropriate account numbers.
Account Titles

Needs Improvement

The entire chart of accounts do not shows understanding of assigning the appropriate account titles.
Fair

The entire chart of accounts shows little understanding of assigning the appropriate account titles.
Average

The entire chart of accounts shows a basic understanding of assigning the appropriate account numbers with some errors.
Good

The entire chart of accounts shows a good understanding of assigning the appropriate account titles with minor errors.
Excellent

The entire chart of accounts shows a well-developed understanding of assigning the appropriate account titles.
Over-all Impression

Needs Improvement

The final outcome looks unacceptable and could use some major improvements.
Fair

The final outcome looks adequate but the document could use some minor improvements.
Average

The final outcome looks good, but the document could use some minor improvements.
Good

The final outcome looks fairly good and the document is somewhat easy to understand.
Excellent

The final outcome looks great, and the document is easy to understand.




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