1. Pin Wheel Foldable

2. Begin with two equal-sized circles (paper).

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

4. On each 1/8th section of the paper, write the eight steps of the accounting cycle. Be sure to keep them in order. 1
Analyze Transactions
Journalize Transactions
Post Transactions
Prepare a Worksheet
Prepare Financial Statements
Journalize Adjusting and Closing Entries
Post Adjusting and Closing Entries
Prepare Post-Closing Trial Balance 8 1 7 2 6 3 5 4

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

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

7. Lay the circle that was just cut directly on top of the accounting cycle circle.
Analyze Transactions 1

8. Place a prong in the center of the circles.
Analyze Transactions 1

9. Journalize Transactions
Now, turn the top circle to see the various steps of the accounting cycle.
Journalize Transactions 2

10. Place a prong in the center of the circles.3
Post Transactions

11. Place a prong in the center of the circles.4
Prepare a Worksheet

12. Place a prong in the center of the circles.5
Prepare Financial Statements

13. Place a prong in the center of the circles.6
Journalize Adjusting and Closing Entries

14. Place a prong in the center of the circles.
Post Adjusting and Closing Entries 7

15. Place a prong in the center of the circles.
Prepare Post-Closing Trial Balance 8