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