Unit 3: Income Statement Transactions

Activity 4: Capital Section of a Classified Balance

Sheet

 Rubric
Capital section of the Classified Balance Sheet
Categories Level 1 Level 2 Level 3 Level 4
(50 - 59%) (60 - 69%) (70 - 79%) (80 - 100%)

Knowledge and Understanding: Calculates final Calculates final Calculates final Calculates final
calculate final balances correctly when balances with limited balances with some balances with balances with a high
creating the capital section of the accuracy. accuracy. considerable accuracy degree of accuracy.
classified balance sheet.
FA3.03.

Communication: Uses proper Uses proper Uses proper formatting Uses proper formatting
use proper formatting when creating the formatting with formatting with with considerable with a high level of
capital section of the classified balance limited success. some success. success. success.
sheet.
FA3.03.

Application: Uses formulas with Uses formulas with Uses formulas with Uses formulas with a
use formulas correctly when creating the limited precision. some precision. considerable precision. high degree of
capital section of the classified balance precision.
sheet.
FA3.03.

Note: A student whose achievement is below Level 1 (50%) has not met the expectations for this assignment or
activity.