The following An accounting form that is used to record the increases and decreases in each financial statement item.accounts appeared in recent financial statements of Delta Air Lines. Identify each account as either a balance sheet account or an income statement account. For each balance sheet account, identify it as an The resources owned by a business.asset, a The rights of creditors that represent debts of the business.liability, or The owner's right to the assets of the business.stockholders' equity. For each income statement account, identify it as a Increases in owner's equity as a result of selling services or products to customers.revenue or an Assets used up or services consumed in the process of generating revenues.expense.