appropriate format Two of the three financial Statements are prepared

Appropriate format two of the three financial

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appropriate format. Two of the three financial Statements are prepared accurately, and mostly in an appropriate format. One statement has some errors. One of the three Financial Statements is prepared accurately and mostly in an appropriate format. Two statements have some errors. Step 8 Prepared Closing Journal Entries (10 points) Journal entries use accurate accounts and amounts; and debits and credits are used correctly. Journal entries mostly use accurate accounts and amounts; and debits and credits are used correctly. Journal entries have some errors in use of accounts and amounts; and debits and credits are only somewhat used correctly. Steps 9 and 10 Posted and Prepared Post-Closing Trial Balance (10 points) Posting is correct, leading to an accurate trial balance. Posting is mostly correct, leading to a mostly correct trial balance. Posting has several errors, leading to a trial balance with several errors.
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Very Poor 8 points 20 4 points 10 4 points 10 4 points 4 4 points 10 Points Awarded Evidence of an attempt to complete the journal entries. Posting is done poorly, but does show evidence of an attempt to complete. Evidence of an attempt to complete the trial balance. Journal entries have some errors in use of accounts and amounts; and debits and credits are not used correctly. Incomplet e adjusting entries Posting is done poorly or not at all, leading to inaccurate or no trial balance.
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8 points 20 4 points 10 4 points 10 Total Points Earned Out of 100 Points 94 Journal entries have some errors in use of accounts and amounts; and debits and credits are not used correctly. Posting is done poorly or not at all, leading to inaccurate or no trial balance. You did ok on the overall project. Well Done
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