First use the rectangle tool to create the following shape:
Then use the Ellipse Tool and hold down the "+" key on the numeric keypad to draw a small ellipse on top of the rectangle:
Then add the gradient overlay effect:
Then add a 2 pixel black border and apply the same layer style as above:
Now use the Pen Tool to draw a triangle shape:
Add a 2 pixel black border and set the Gradient Overlay effect:
The final result of a pencil:
Then use the Pen Tool again to draw a triangle shape at the bottom:
Use the Ellipse Tool to draw a white circle and add a 2 pixel black border:
Then draw an ellipse to form the shape of an eye:
Copy the eye shape and move it:
Now use the Pen Tool to draw the mouth shape, fill it with color: #6C380A and then add a 2 px black border:
Use the Pen Tool to draw the following shapes, add a 2 pixel black border, and fill with the color: #F7CB99 Using these shapes we form the shape of a hand:
Use the Pen tool to draw finger lines:
Duplicate the hand layer, move the position, and our cute cartoon pencil shape appears. The final effect: