Instruction 1. Enter the balance as of January 1st into the T account for the above-mentioned shareholder equity account. And set up a T account for the following accounts: Treasury Shares Premium; Share Dividends Distributed; Stock Dividends; Cash Dividend. 2. Prepare journal entries to record the above transactions, and transfer them to 8 selected accounts. 3. Prepare a statement of retained earnings for the year ended December 31, 2010. 4. Prepare the Shareholders' Equity section on the balance sheet as of December 31, 2010. Instruction 1. Enter the balance as of January 1st into the T account for the above-mentioned shareholder equity account. And set up a T account for the following accounts: Treasury Shares Premium; Share Dividends Distributed; Stock Dividends; Cash Dividend. 2. Prepare journal entries to record the above transactions, and transfer them to 8 selected accounts. 3. Prepare a statement of retained earnings for the year ended December 31, 2010. 4. Prepare the Shareholders' Equity section on the balance sheet as of December 31, 2010