Please label each line with which financial statement it will appear on. If it's an Income Statement, label it as a Revenue or Expense. If it's a Balance Sheet, label it as current asset, long term investment, property/plant/equipment, intangible, current liability, long term liability, or equity.

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Firefly, Inc began operations in January 2018. Below is the Adjusted Trial Balance as of December 31, 2018. This trial balance is scrambled, with the accounts in random order, but all debits and credits are correct. Complete the following: 1) For each account, label which nancial statement it will appear (Income Statement, Balance Sheet, or Statement of Retained Earnings). Additionally, if it is an Income Statement account, label it as a Revenue or Expense. If it is a Balance Sheet account, label it with its proper classification (Current Asset, Long Term Investment, Property/Plant/Equipment, Intangible, Current Liability, Long Term Liability, or Equity). 2) Prepare the Income Statement, Statement of Retained Earnings, and Classied Balance Sheet for Firefly, Inc for the year ending December 31, 2018. 3) Prepare all closing entries in proper order. 4) Prepare PostClose Trial Balance. Firefly, Inc. Adjusted Trial Balance at December 31, 2018 Debit Building S 550,000 Utility Expense 4,700 Prepaid Insurance 7,300 Common Stock 400,000 Interest Payable 1,700 Salary Payable 5,600 Interest Expense 24,000 Accounts Receivable 23,700 Notes Payable (2 year) 350,000 Supply Expense 10,500 Unearned Revenue 22,500 Insurance Expense 12,800 Supplies 2,800 Salary Expense 98,000 Cash 165,400 Land 300,000 Accumulated Depreciation - Building 26,000 Service Revenue 560,000 Accounts Payable 34,400 Dividends 175,000 Depreciation Expense 26,000 $ 1,400,200 S 1,400,200