AC 216 GRADING RUBRIC WEEK 2
Total
Points
Available
E 16-7A
10
6 items @1.67 each
E 16-9A
10
4 Schedules @ 2.5 each
P 18-2A
10
3 Schedules @ 3.33 each
P 18-7A
10
4 Schedules @ 2.5 each
Points
40.0
Total points earned will be added and then rounded
to the
Your Name Retailers Inc.
9:56 PM
06/14/14
Transaction List by Customer
December 2014
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Audio Answers
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Question 1
2 out of 2 points
A promissory note is usually referred to as an "note"
Selected
Answer:
e
Correct
Answer:
e
Tru
Tru
Question 2
2 out of 2 points
A 90-day note dated July 9 would be due on October 9.
Selected
Answer:
e
Correct
Answer:
e
Fals
Fa
AC 216 GRADING RUBRIC WEEK 1
Total
Points
Available
E 16-7A
10
6 items @ 1.67 each
P 16-9A
10
4 Schedules @ 2.5 each
E 18-2A
10
3 Schedules @ 3.33 each
P 18-7A
10
4 Schedules @ 2.5 each
Points
40.0
Total points earned will be added and then rounded
to the
AC216 Wk7 Quickbooks
Chapter 4
Multiple Choice Study Questions
1. A group of posting accounts that shows the amounts owed to vendors or suppliers is called:
a. Accounts receivable
b. Inventory
c. Accounts payable
d. Entering bills
e. All of the above
2. Y
AC 216 GRADING RUBRIC WEEK 3
Total
Points
Available
P 21-9A
10
7 Entries @ 1.43 each
P 21-11B (1&2)
15
9 Entries @ 1.11 each / 2 T-Accounts @ 2.5 each
P 21-11B (3)
5
1 Schedule @5 points
Quickbooks
10
6 reports @ 1.66 each
Points
40.0
Total points earned
"Limited Life" means
Selected
Answer:
a partnership may be dissolved as the result of any change in the ownership.
Correct
Answer:
a partnership may be dissolved as the result of any change in the ownership.
Response
Feedback:
Learning Objective
19-1
Que
Question 1
4 out of 4 points
The purpose of the Statement of Cash Flows is
Selected
Answer:
Correct
Answer:
Response
Feedback:
Show how cash was generated and used
during the period
Show how cash was generated and used
during the period
LO 231
Question 2
AC 216 GRADING RUBRIC WEEK 5
Total
Points
Available
P 23-12A
10
2 Sections @ 5 points each
E24-8A
10
2 Sections @ 5 points each
E24-9A
10
2 Sections @ 5 points each
24-10A
10
15 ratios @ .67 points each
Points
40.0
Total points earned will be added and th
AC 216 GRADING RUBRIC WEEK 2
Total
Points
Available
E 17-2A
13
6 items @2.16 each
E 17-2B
13.7
12 items @1.14 each
P 17-11A
13.3
10 entries @ 1.33 each
40.0
Total points earned will be added and then rounded
to the nearest 1/10th point.
Points
Jenny Haigh
Question 1
3 out of 3 points
Upon the date of declaration of a dividend, the corporation has incurred a liability for the
dividend .
Question 2
3 out of 3 points
A corporation generally distributes its entire net income to its stockholders.
Question 3
3
AC 216 GRADING RUBRIC WEEK 4
Total
Points
Available
Student
Score
E 20-2B
10
2 Schedules @5 points each
P 20-7A
10
7 entries @ 1.43 points each
P 19-10A
10
10 amounts @ 1 point each
Quickbooks
10
5 questions @ 2 points each
Points
40.0
Total points earned
AC 216 GRADING RUBRIC WEEK 4
Total
Points
Available
Student
Score
E 20-2B
10
2 Schedules @5 points each
P 20-7A
10
7 entries @ 1.43 points each
P 20-10A
10
10 amounts @ 1 point each
Quickbooks
10
5 questions @ 2 points each
Points
40.0
Total points earned
Question 1
4 out of 4 points
Which of the following is a method of accounting for uncollectible
accounts?
Selected
Answer:
Correct
Answer:
Response
Feedback:
allowance
method
allowance
method
Learning Objective
16-1
Question 2
4 out of 4 points
The accoun
Question 1
2 out of 2 points
A promissory note is usually referred to as an "note"
Selected
Answer:
e
Correct
Answer:
e
Tru
Tru
Question 2
2 out of 2 points
A 90-day note dated July 9 would be due on October 9.
Selected
Answer:
e
Correct
Answer:
e
Fals
Fa
Question 1
4 out of 4 points
A note on which there is no rate of interest specified
Selected
Answer:
non-interest-bearing note.
Correct
Answer:
non-interest-bearing note.
Response
Feedback:
Learning Objective
17-1
Question 2
4 out of 4 points
The person w
AC 216 GRADING RUBRIC WEEK 6
Total
Points
Available
P 23-12A
10
2 Sections @ 5 points each
E 24-8A
10
2 Sections @ 5 points each
E 24-9A
10
2 Sections @ 5 points each
P 24-10A
10
15 ratios @ .67 points each
Points
40.0
Total points earned will be added an
AC 216 GRADING RUBRIC WEEK 5
Total
Points
Available
P 21-9A
10
7 Entries @ 1.43 each
P 21-11B (1&2)
15
9 Entries @ 1.11 each / 2 T-Accounts @ 2.5 each
P 21-11B (3)
5
1 Schedule @5 points
Quickbooks
10
6 reports @ 1.66 each
Points
40.0
Total points earned
AC 216 GRADING RUBRIC WEEK 2
Total
Points
Available
E 17-2A
13
6 items @2.16 each
P 17-10A
13.7
12 items @1.14 each
P 17-11A
13.3
10 entries @ 1.33 each
40.0
Total points earned will be added and then rounded
to the nearest 1/10th point.
Points
Student
Sc
AC 216 GRADING RUBRIC WEEK 3
Total
Points
Available
E 19-2A
10
4 Distributions @ 2.5 points each
E 19-3A
10
2 Schedules @5 points each
P 19-6A
10
2 Entries @5 points each
P 19-10A
10
2 Schedules @5 points each
Points
40.0
Total points earned will be added
AC 216 GRADING RUBRIC WEEK 4
Total
Points
Available
Student
Score
E 20-2B
10
2 Schedules @5 points each
P 20-7A
10
7 entries @ 1.43 points each
P 20-10A
10
10 amounts @ 1 point each
Quickbooks
10
5 questions @ 2 points each
Points
40.0
Total points earned
Question 1
4 out of 4 points
When a dividend is paid in cash, it is known as a
Selected
Answer:
Correct
Answer:
cash
dividend
cash
dividend
Question 2
4 out of 4 points
Capital resulting from the retention of earnings should be entered in an account with
Exercise 17-2A
Name:
Enter the appropriate formulas in the shaded (gray) cells.
An asterisk (*) will appear in the column to the right of an incorrect answer.
Principal
Rate
Time
$
5,000
6.00%
30 days
$
1,000
7.50%
60 days
$
4,500
8.00%
120 days
$
950
6.8
AC 216 GRADING RUBRIC WEEK 3
Total
Points
Available
E 19-2A
10
4 Distributions @ 2.5 points each
E 19-3A
10
2 Schedules @5 points each
P 19-6A
10
2 Entries @5 points each
P 19-10A
10
2 Schedules @5 points each
Points
40.0
Total points earned will be added
AC 216 GRADING RUBRIC WEEK 1
Total
Points
Available
E 16-7A
10
6 items @ 1.67 each
P 16-9A
10
4 Schedules @ 2.5 each
E 18-2A
10
3 Schedules @ 3.33 each
P 18-7A
10
4 Schedules @ 2.5 each
Points
40.0
Total points earned will be added and then rounded
to the
AC 216 GRADING RUBRIC WEEK 4
Total
Points
Available
Student
Score
E 20-2B
10
2 Schedules @5 points each
P 20-7A
10
7 entries @ 1.43 points each
P 20-10A
10
10 amounts @ 1 point each
Quickbooks
10
5 questions @ 2 points each
Points
40.0
Total points earned
AC 216 GRADING RUBRIC WEEK 6
Total
Points
Available
P 23-12A
10
2 Sections @ 5 points each
E 24-8A
10
2 Sections @ 5 points each
E 24-9A
10
2 Sections @ 5 points each
P 24-10A
10
15 ratios @ .67 points each
Points
40.0
Total points earned will be added an
AC 216 GRADING RUBRIC WEEK 5
Total
Points
Available
P 21-9A
10
7 Entries @ 1.43 each
P 21-11B (1&2)
15
9 Entries @ 1.11 each / 2 T-Accounts @ 2.5 each
P 21-11B (3)
5
1 Schedule @5 points
Quickbooks
10
6 reports @ 1.66 each
Points
40.0
Total points earned