PE 4-68 Working capital and current ratio Current assets and current liabilities for Brimstone Company follow: a. Determine the working capital and current ratio for 2019 and 2018. b. Does the change in the current ratio from 2018 to 2019 indicate a favorable or an unfavorable change? EX4-1 Flow of accounts into financial statements OB., 1,2 The balances for the accounts that follow appear in the Adjusted Trial Balance columns of the end-of-period spreadsheet. Indicate whether each account would flow into the income statement, statement of owner's equity, or balance sheet. 1. Accounts Payable 2. Accounts Receivable 3. Cash 4. Eddy Rosewood, Drawipg 5. Fees Farned 6. Supplies 7. Unearned Rent 8. Utilities Expense 9. Wages Expense 10. Wages Payable EX 4-2 Classifying accounts Balances for each of the following accounts appear in an adjusted trial balance. Identify each as (a) asset, (b) liability, (c) revenue, or (d) expense, 1. Accounts Receivable 2. Equipment 3. Fees Farned 4. Insurance Expense 7. Rent Revenue 5. Land 8. Salary Expense 9. Salary Payable 10. Supplies 6. Prepaid Rent 11. Uneamed Rent 12. Wages Payable