he following accounts appeared in recent financial statements of Delta Air Lines. Identify each account as either a balance sheet account or an come statement account. For each balance sheet account, identify It as an asset, a liability, or stockholders' equity. For each income statement ccount, identify it as a revenue or an expense. tem Accounts Payable Advanced Payments for Equipment Air Traffic Liability Aircraft Fuel (Expense) Aircraft Maintenance (Expense) Aircraft Rent (Expense) Cargo Revenue Cash Contract Carrier Arrangements (Expense) Flight Equipment Frequent Flyer (Obligations) Fuel Inventory Financial Statement Type of Account Landing Fees (Expense) Parts and Supplies Inventories Passenger Commissions (Expense)