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


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Practice Set (Journal, Ledger, Trial Balance) Rubric 
Rubric Code: G4B6C
Ready to use
Public Rubric
Subject: Accounting  
Type: Assessment  
Grade Levels: 9-12

Powered by iRubric 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.
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
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.
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.




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