Criteria Knowledge and Understanding: prepare a financial statement for a service business. FA3.03. Prepare a formatted Balance Sheet accurately. Level 4 4 points Prepares a formatted Balance Sheet with a high-degree of accuracy. Level 3 3 points Prepares a formatted Balance Sheet with considerable accuracy Level 2 2 points Prepares a formatted Balance Sheet with some accuracy Level 1 1 point Prepares a formatted Balance Sheet with mited accuracy Thinking: use software to prepare financial statements. AF3.03. Use the 'function' feature of Excel or similar spreadsheet software. Uses all functions correctly in the Transaction Analysis Sheet Application: assess the effects that transactions have on the accounts and financial statements of a service business. FA3.01. Analyze transactions for a service business. Analyzes nine-len of the transactions correctly Criterion Score ZA Uses most functions correctly in the Transaction Analysis Sheet Uses some functions correctly in the Transaction Analysis Sheet Uses few functions correctly in the Transaction Analysis 14 Sheet Analyzes seven-eight of the transactions correctly Analyzes six of the transactions conecty Analyzes five of the Mansactions comedy 14 Criteria Knowledge and Understanding: prepare a financial statement for a service business. FA3.03. Prepare a formatted Balance Sheet accurately. Level 4 4 points Prepares a formatted Balance Sheet with a high-degree of accuracy. Level 3 3 points Prepares a formatted Balance Sheet with considerable accuracy Level 2 2 points Prepares a formatted Balance Sheet with some accuracy Level 1 1 point Prepares a formatted Balance Sheet with mited accuracy Thinking: use software to prepare financial statements. AF3.03. Use the 'function' feature of Excel or similar spreadsheet software. Uses all functions correctly in the Transaction Analysis Sheet Application: assess the effects that transactions have on the accounts and financial statements of a service business. FA3.01. Analyze transactions for a service business. Analyzes nine-len of the transactions correctly Criterion Score ZA Uses most functions correctly in the Transaction Analysis Sheet Uses some functions correctly in the Transaction Analysis Sheet Uses few functions correctly in the Transaction Analysis 14 Sheet Analyzes seven-eight of the transactions correctly Analyzes six of the transactions conecty Analyzes five of the Mansactions comedy 14