Create an ellipse using elliptical shape tool.

Select a rounded rectangle shape tool and set the settings at the top bar as shown.

Create a rounded rectangle using these settings.

Press Ctrl+T. Right Click and select Warp. Adjust the nodes as shown.

Create a rounded rectangle using these settings.

Press Ctrl+T. Right Click and select perspective. Adjust the nodes as shown.

Press Ctrl+T. Right Click and select Warp. Adjust the nodes as shown.

Create a rectangle using rectangular shape tool.

Press Ctrl+T. Right Click and select perspective. Adjust the nodes as shown.

Press Ctrl+T. Right Click and select Warp. Adjust the nodes as shown.

Create a rounded rectangle for shoe.

Press Ctrl+T. Right Click and select distort. Adjust the nodes as shown.

Duplicate the shoe layer. Flip horizontally and place on the other side.

Create a rectangle using rectangular shape tool.

Press Ctrl+T. Right Click and select perspective. Adjust the nodes as shown.

Press Ctrl+T. Right Click and select Warp. Adjust the nodes as shown.

Place the layer in place of arm.

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Duplicate the layer. Press Ctrl+T. Right click and select Flip Horizontally and place on the other side.

Create some divider streaks in hair using pen tool.

Create eyes and lips using pen tool.

Draw an opening in the dress and collars using pen tool. Fill with white color.

Using line tools create 3 small lines as shown in the image.

Create a rounded rectangular shape using pen tool at the bottom of the dolls top.

Add some details to the shoes using the pen tool.

Select the black part of the top, Double click the layer to open layer style window. Apply settings as shown.

Create an ellipse using elliptical shape tool. Place it for hand.

Move this layer below the dolls dress layer and hide almost behind the arm of the dress. Duplicate the layer. Place on the other side.

Add a couple of flowers for hair and dress using custom shape tool.