The following accounts appeared in recent financial statements of Continental Airlines:

```

Accounts Payable Air Traffic Liability Aircraft Fuel Expense Cargo and Mail Revenue

```

Commissions

{Flight Equipment}

Landing Fees Passenger Revenue Purchase Deposits for Flight Equipment Spare Parts and Supplies Identify each account as either a balance sheet account or an income statement account. For each balance sheet account, identify it as an asset, a liability, or stockholders' equity. For each income statement account, identify it as a revenue or an expense.