- Username
- Password
forgot?

iRubric: Comprehensive Problem rubric

edit print share Copy to my rubrics Bookmark test run assess... delete Do more...
Comprehensive Problem Comprehensive Problem Rubric Code: K59BW8 By mbrennan Ready to use Public Rubric Subject: Accounting Type: Assessment Grade Levels: 9-12

Comprehensive Problem
	Poor 0-2 pts 2 pts	Fair 3-5 pts 5 pts	Good 6-8 pts 8 pts
General Journal
Completeness	Poor Few to none of the transactions for the period are included, did not follow page numbers provided in the instructions	Fair Some or many of the transactions for the period are included, most transactions are on the correct pages	Good All transactions for the period are included and on the correct pages as provided in the instructions
Format and Appearance	Poor No dates are provided, format is incorrect (i.e. credits before debits)	Fair Some dates are provided or dates provided are incorrect, format is mostly correct	Good All dates are provided and correct, debits come before credits in every transaction
Posting References	Poor No posting references present, transactions use the wrong accounts consistently	Fair Posting references present but incorrect, only occasional mistake in account use	Good Posting references present and correct, accounts used are correct
General Ledger
Accuracy	Poor Amounts posted do not match the transaction amounts in the General Journal	Fair Amounts posted are mostly the same as the transaction amounts in the General Journal, only occasional mistake	Good Amounts posted are the same as the transaction amounts in the General Journal
Format and Appearance	Poor Adjusting and closing entries are not identified, running balance is not kept properly	Fair Running balance is kept but adjusting and closing entries are not identified (or vice versa)	Good Adjusting and closing entries are identified, running balance is kept
Worksheet
Trial Balances	Poor Both the unadjusted and adjusted trial balances do not balance, more than two account balances appear in the wrong column	Fair The unadjusted trial balance does not balance but the adjusted trial balance does, one to two accounts appear in wrong column	Good Both the unadjusted and adjusted trial balance totals balance and all accounts are in proper column
Adjustments	Poor No adjustments are made or all adjustments made are incorrect	Fair Adjustments made are mostly correct, no more than two errors are present	Good All adjustments made are correct
Income Statement and Balance Sheet	Poor Accounts used are incorrect, amounts used are wrong, no net income(loss) calculated	Fair Accounts used are correct but a few amounts are incorrect, net income(loss) is calculated but wrong	Good All accounts and amounts used are correct, net income(loss) is calculated and correct
Financial Statements
Income Statement	Poor Heading is missing or completely incorrect, accounts appear out of order, dollar signs and rules are not used properly, net income(loss) is wrong	Fair Heading is mostly correct, all accounts are present and appear in mostly correct order, dollar signs and rules are used properly in most instances	Good Heading is correct, all accounts are present and appear in correct order, dollar signs and rules are used properly, net income(loss) is accurate
Statement of Owner's Equity	Poor Heading is missing or completely incorrect, items appear out of order, dollar signs and rules are not used properly, ending capital is wrong	Fair Heading is mostly correct, all parts are present and appear in mostly correct order, dollar signs and rules are used properly in most instances	Good Heading is correct, parts appear in correct order, dollar signs and rules are used properly, ending capital is accurate
Balance Sheet	Poor Heading is missing or completely incorrect; items are classified incorrectly and appear out of order; dollar signs and rules are not used properly; ending totals are wrong	Fair Heading is mostly correct; all items are present, classified correctly, and appear in mostly correct order; dollar signs and rules are used properly in most instances	Good Heading is correct; all items are present, classified correctly, and appear in correct order; dollar signs and rules are used properly; ending totals are accurate
Post-Closing Trial Balance
Post-Closing Trial Balance	Poor No post-closing trial balance included or does not balance, more than two accounts appear in the wrong column	Fair Post-closing trial balance does not balance, only one or two account balances appear in the wrong column	Good Post-closing trial balance totals balance, all accounts appear in the correct column
Other
	Late 0 pts 0 pts	On-Time 1-2 pts 2 pts	On-Time 3-4 pts 4 pts
Other	Late Problem is submitted for grading after the due date	On-Time Problem is submitted for grading on-time but the contents are not in the order required	On-Time Problem is submitted for grading on-time and the contents are in the order required

Subjects:

Accounting

Types:

Assessment

Discuss this rubric