Chart of Accounts The following 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...









  1. Chart of Accounts


    The following accounts appeared in recent financial statements ofDelta 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 asset, a liability, or stockholders' equity. For each income statement account, identify it as a revenue or an expense.





































































































    Item

    Financial Statement

    Type of Account
    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
    Landing Fees (Expense)
    Parts and Supplies Inventories
    Passenger Commissions (Expense)
    Passenger Revenue
    Prepaid Expenses
    Taxes Payable













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Jun 09, 2022
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