PIN WHEEL FOLDABLE

BEGIN WITH TWO EQUAL-SIZED CIRCLES (PAPER).

Take one circle, fold the paper in half 3 times.

On each 1/8th section of the paper, write the eight steps of the accounting cycle. Be sure

to keep them in order.

1

123

4567

81. Analyze Transactions2. Journalize Transactions3. Post Transactions4. Prepare a Worksheet5. Prepare Financial Statements6. Journalize Adjusting and Closing

Entries7. Post Adjusting and Closing

Entries8. Prepare Post-Closing Trial

Balance

Take the second circle, fold the paper in half 3 times.

Cut out 1/8th section of the circle you just folded.

CUT THIS

Lay the circle that was just cut directly on top of the accounting cycle circle.

Analyze Transactions1

Place a prong in the center of the circles.

Analyze Transactions1

Now, turn the top circle to see the various steps of the accounting cycle.

Journalize

Transactio

ns2

Place a prong in the center of the circles.

Post Transactio

ns

3

Place a prong in the center of the circles.

Prepare a Worksheet

4

Place a prong in the center of the circles.

Prepare Financial

Statements

5

Place a prong in the center of the circles.

Journ

aliz

e

Adju

stin

g

and

Clo

sing

Entr

ies 6

Place a prong in the center of the circles.

Post

Ad

just

ing

and

Clos

ing

Entrie

s7

Place a prong in the center of the circles.

Prepare

Post-

Closing

Trial

Balance

8