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Acc106 Rubrics For Assignment - For Student Ref

This rubric assesses a group assignment on the topic of book of prime entry for an introductory accounting course. It evaluates students on 5 criteria: 1) providing a business profile, 2) recording at least 21 transactions in specialized journals, 3) posting transactions to appropriate ledger accounts, 4) closing at least all accounts appropriately, and 5) preparing a trial balance with specified elements. Performance is scored from 0-100 marks and categorized as did not achieve, fair achievement, average achievement, or excellent achievement. Higher scores require meeting more of the criteria.

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Itik Berendam
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196 views

Acc106 Rubrics For Assignment - For Student Ref

This rubric assesses a group assignment on the topic of book of prime entry for an introductory accounting course. It evaluates students on 5 criteria: 1) providing a business profile, 2) recording at least 21 transactions in specialized journals, 3) posting transactions to appropriate ledger accounts, 4) closing at least all accounts appropriately, and 5) preparing a trial balance with specified elements. Performance is scored from 0-100 marks and categorized as did not achieve, fair achievement, average achievement, or excellent achievement. Higher scores require meeting more of the criteria.

Uploaded by

Itik Berendam
Copyright
© © All Rights Reserved
Available Formats
Download as DOC, PDF, TXT or read online on Scribd
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FACULTY OF ACCOUNTANCY

RUBRIC ASSESSMENT FOR ASSIGNMENT (10%)


TOPIC: BOOK OF PRIME ENTRY
GROUP ASSIGNMENT (3/4 students in a group)
INTRODUCTION TO FINANCIAL ACCOUNTING (GENERIC ACC106)

DID NOT ACHIEVE FAIR AVERAGE EXCELLENT


ACHIEVEMENT ACHIEVEMENT
Did not met Fully met
minimum Somewhat met Met requirement requirements
requirement requirement and with minor mistake
have at least one
major mistake

0-39 marks 40-59 marks 60-79 marks 80-100 marks

1.INTRODUCTION Only follow 1/3 of Only follow 1/2 of Only follow 3/4 of Follow all
the criterias. the criterias. the criterias. criterias
Profile of the business

1. Name of the
business

2. Place of business

3. Business activities

4. Capital
contribution

5. Financial
year end

6. State the
transaction
for which
month.

2.TRANSACTIONS FOR ONE 0-10 transactions 11-15 Transactions 16-21 Transactions 21 Transactions
MONTH
-any transactions in -at least 1 -at least 2 -3 transactions in
each specialised transactions in transactions in each each specialised
journals (sales each specialised specialised journals journals (sales
journal,purchase journals (sales (sales journal,purchase
journal, return journal,purchase journal,purchase journal, return
inwards journal, return journal, return inwards
journal,return inwards inwards journal,return
outwards journal,return journal,return outwards
journal,cash receipts outwards outwards journal,cash
journal,cash journal,cash journal,cash receipts

1
payments journal, receipts receipts journal,cash
general journal journal,cash journal,cash payments journal,
payments journal, payments journal, general journal
general journal general journal

3.LEDGERS Posting to Posting to Posting to Posting to


appropriate ledger appropriate ledger appropriate ledger appropriate ledger
accounts based on accounts based on accounts based on accounts based on
the journal prepared the journal the journal the journal
above prepared above prepared above prepared above

4.CLOSING OF ACCOUNT At least 1/3 of the At least 1/2 of the At least 3/4 of the All accounts are
accounts are closed accounts are accounts are closed closed
appropriately with closed appropriately with appropriately with
date, balance c/d, appropriately with date, balance c/d, date, balance c/d,
balance b/d, date, balance c/d, balance b/d, balance b/d,
balance b/d,

5.TRIAL BALANCE Only follow 1/3 of Only follow 1/2 of Only follow ¾ of Follow all
the criterias. the criterias the criterias 8
1. Title criterias

2. Date of Trial balance


for the month.

3. Debit column

4. Credit column

5. Total

6. Amount in RM

7. Correct transfer
figure in the right
column
(debit/credit)

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