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iRubric: COMPREHENSIVE PROBLEM rubric

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COMPREHENSIVE PROBLEM 
Using text, perform the following: 1. Evaluate the student's knowledge of the accounting cycle for a merchandising business 2. Demonstrate the use of documentation
Rubric Code: E86935
Draft
Public Rubric
Subject: Accounting  
Type: Project  
Grade Levels: Undergraduate

Powered by iRubric COMPREHENSIVE PROBLEM
100 % Enter rubric description
  Excellent

(N/A)

Good

(N/A)

Fair

(N/A)

Poor

(N/A)

PURCHASE JOURNAL
10 %

Enter description

Excellent

Shows a well developed understanding of the principles of journalizing accurately in the appropriate journal.
Good

Shows a good understanding of the principles of journalizing accurately in the appropriate journal.
Fair

Shows a basic understanding of the principles of journalizing accurately in the appropriate journal.
Poor

Shows little to no understanding of the principles of journalizing accurately in the appropriate journal.
CASH PAYMENTS JOURNAL
10 %

Enter description

Excellent

Shows a well developed understanding of the principles of journalizing accurately in the appropriate journal.
Good

Shows a good understanding of the principles of journalizing accurately in the appropriate journal.
Fair

Shows a basic understanding of the principles of journalizing accurately in the appropriate journal.
Poor

Shows little to no understanding of the principles of journalizing accurately in the appropriate journal.
SALES JOURNAL
10 %

Enter description

Excellent

Shows a well developed understanding of the principles of journalizing accurately in the appropriate journal.
Good

Shows a good understanding of the principles of journalizing accurately in the appropriate journal.
Fair

Shows a basic understanding of the principles of journalizing accurately in the appropriate journal.
Poor

Shows little to no understanding of the principles of journalizing accurately in the appropriate journal.
CASH RECEIPTS JOURNAL
10 %

Excellent

Shows a well developed understanding of the principles of journalizing accurately in the appropriate journal.
Good

Shows a good understanding of the principles of journalizing accurately in the appropriate journal.
Fair

Shows a basic understanding of the principles of journalizing accurately in the appropriate journal.
Poor

Shows little to no understanding of the principles of journalizing accurately in the appropriate journal.
GENERAL JOURNAL
10 %

Excellent

Shows a well developed understanding of the principles of journalizing accurately in the appropriate journal.
Good

Shows a good understanding of the principles of journalizing accurately in the appropriate journal.
Fair

Shows a basic understanding of the principles of journalizing accurately in the appropriate journal.
Poor

Shows little to no understanding of the principles of journalizing accurately in the appropriate journal.
POSTING TO SUBSIDIARY LEDGERS
10 %

Excellent

Shows a well developed understanding of the principles of posting.
Good

Shows a good understanding of the principles of posting.
Fair

Shows a basic understanding of the principles of posting.
Poor

Shows a little to understanding of the principles of posting.
POSTING TO GENERAL LEDGER
10 %

Excellent

Shows a well developed understanding of the principles of posting.
Good

Shows a good understanding of the principles of posting.
Fair

Shows a basic understanding of the principles of posting.
Poor

Shows a little to understanding of the principles of posting.
WORKSHEET
10 %

Excellent

The entire worksheet is correctly prepared with no major errors.
Good

The entire worksheet is correctly prepared, with no more tha one major errors.
Fair

The worksheet is completed but has more than one major error or several smaller errors.
Poor

The worksheet was clearly attempted, but is not completed correctly.
FINANCIAL STATEMENTS
20 %

Excellent

All of the financial statements are presented with no major errors.
Good

All of the financial statements are included with no more than one major error on the complete set.
Fair

All of the financial statements are included. More than two errors on those presented.
Poor

Financial statements are included, but contain multiple errors.




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