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Prepare a Classified
Balance Sheet
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Heading missing, date
not properly defined or missing. Includes some balance
sheet accounts, but also some income statement accounts.
Classification is missing. Balance sheet does not balance.
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Heading included, but
date not properly defined. Includes all appropriate
balance sheet accounts, but also some income statement
accounts. Classification is attempted but has more than
two errors. Balance sheet balances.
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Heading included and
date defined correctly. Includes all balance sheet account,
no income statement accounts. Classification is completed
but with less than two errors. Balance sheet is balanced,
dollar signs and underlines are correct.
|
Heading included and
is completely correct.Includes all balance sheet account,
no income statement accounts. Classification is completed
correctly. Balance sheet is balanced, dollar signs,
underlines and overall format are correct.
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____
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Prepare an Income
Statement
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Heading missing, date
not properly defined or missing. Includes some income
statement accounts, but also some balance sheet accounts.
Net income missing.
|
Heading included, but
date not properly defined. Includes all appropriate
income statement accounts, but also some balance sheet
accounts. Net income included but calculated incorrectly.
|
Heading included and
date defined correctly. Includes all income statement
accounts, no balance sheet accounts. Net income is correctly
calculated (may be BOE), dollar signs and underlines
are correct.
|
Heading included and
is completely correct.Includes all income statement
accounts, no balance sheet accounts. Net income is calculated
and correct. Dollar signs, underlines and overall format
are correct.
|
____
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Prepare a Statement
of Cash Flows
|
Heading missing, date
not properly defined or missing. Includes some income
statement and balance sheet account balances. Activities
are not defined. Attempt to determine cash flows but
more than 2 errors. No attempt to reconcile to cash
balance. No attempt to format.
|
Heading included, but
date not properly defined. Includes some income statement
and balance sheet account balances. Activities are defined,
but not correctly. Attempt to determine cash flows with
less than 2 errors. Attempt to reconcile cash but incorrect.
Some dollar signs and underlines included.
|
Heading included, and
date properly defined. Does not include any income statement
or balance sheet account balances. Activities are correctly
defined. Cash flows calculated (BOE). Cash is reconciled
but incorrect. Dollar signs and underlines included
and correct.
|
Heading is included
and completely correct. No income statement or balance
sheet accounts included. Activities are defined and
correctly calculated. Cash is correctly reconciled.
Dollar signs, underlines and overall format are correct.
|
____
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