When journalising entries, I only need 4 column, which are: Date, Account, Debit, Credit. I have to write by hand!

Exercise 3 (45 points) Sunshine Limited has the following equity accounts on January 1, 2022: Share Capital-Ordinary (4 par, 200,000 shares issued) 800,000 Share Premium-Ordinary 300,000 Retained Earnings 300,000. In 2022, the company had the following treasury share transactions. February: The firm pays a dividend of 1.0 per share. The dividend was announced by the board of directors in October of the previous fiscal year. April: Issued 20,000 ordinary shares at a price of 20. July: The company repurchases 20,000 shares at 15 per share. September: Sold 12,000 shares at 18 per share. November: Sold 8,000 shares at 7 per share. Sunshine uses the cost method of accounting for treasury shares. In 2022, the company reported a net loss of 20,000. Instructions a. Journalize the treasury share transactions, and prepare the closing entries on December 31, 2022, for net income and dividends. b. Open T-accounts for (1) Share Capital - Ordinary; (2) Share Premium - Ordinary; (3) Treasury Shares; (4) Share Premium-Treasury, (5) Retained Earnings. Post to these accounts (without using a posting reference). c. Prepare the equity section for Sunshine Limited at December 31, 2022