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1
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2
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3
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4
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Identification of
Specific Accounts - Step 1
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The student identified
few items correctly showing a little/no understanding
of the Balance Sheet and Income Statement Accounts.
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The student identified
some items correctly showing a limited understanding
of the Balance Sheet and Income Statement Accounts.
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The student identified
most items correctly showing a good understanding of
the Balance Sheet and Income Statement Accounts.
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The student identified
each item correctly showing an exceptional understanding
of the Balance Sheet and Income Statement Accounts.
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____
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The T-accounts and
Trial Balance - Step 2
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Little to no items
are placed in the proper T-accounts. Debits and credits
are not balanced. Little to no accounts carry the correct
debit/credit balance.
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Some items are placed
in the proper T -accounts. Debits and credits are not
balanced. Some accounts carry the correct debit/credit
balance.
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Most items are placed
in the proper T-accounts. Debits and credits are balanced.
Most accounts carry the correct debit/credit balance.
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Items are placed in
the proper T-accounts. Debits and credits are balanced.
All accounts carry the correct debit/credit balance.
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____
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The Balance Sheet
- Step 3
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Little to none of the
correct Balance Sheet accounts are used with the correct
balances.
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Some of the correct
Balance Sheet accounts are used with the correct balances.
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Most of the correct
Balance Sheet accounts are used with the correct balances.
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All the correct Balance
Sheet accounts are used with the correct balances.
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____
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The Income Statement
- Step 3
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Little to none of the
correct Income Statement accounts are used with the
correct balances.
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Some of the correct
Income Statement accounts are used with the correct
balances.
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Most of the correct
Income Statement accounts are used with the correct
balances.
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All the correct Income
Statement accounts are used with the correct balances.
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____
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____
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Total---->
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____
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