Ell 1-1 Chart of accounts or\". 1 The following accounts appeared in recent nancial statements of Delta Air Llnes: Acmnts Payable Flight Equipment Advanced Payments for Equipment Frequent Fiver lbligationsl Air Trallic Liabilityr Fuel Inventory Aircraft Fuel {Expense} Landing Fees (Expense! Aircraft Maintenance {Expense} Parts and Supplies Inventories Aircraft Rent [Expense] Passenger Commissions {Expense} Cargo Revenue Passenger Revenue Cash Prepaid Expenses Contract IZarrier Arrangements [Expense] Taxes Payable 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 owner's equityn For each income statement account, identify it as a revenue or an expense