The following accounts and balances were taken from the records of American Airlines (dollars in millions).

Identify each account as an income statement or balance sheet account. Where is each account reflected in the basic accounting equation?

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Flight equipment Passenger revenue Retained earnings Notes payable $42,213 42,010 2,942 20,684 1,109 1,770 Accounts payable Air Traffic Liability Fuel expense Other revenues $1,990 4,808 7,526 2,888 3,543 Interest expense Short-term investments Depreciation expense Landing fees Accounts receivable 1,982 2,055 Prepaid expenses 584