b. Does the change in the current ratio from 2018 to 2019 indicate a favo or an

Question

b. Does the change in the current ratio from 2018 to 2019 indicate a favo or an unfavorable change? cises EX 4-1 Flow of accounts into financial statements The balances for the accounts that follow appear in the Adjusted Trial Balance colun of the end-of-period spreadsheet. Indicate whether each account would flow into the OBJ.1,2 income statement, statement of owner's equity, or balance sheet. 1. Accounts Payable 2. Accounts Receivable 3. Cash 4. Eddy Rosewood, Drawing 5. Fees Earned 6. Supplies 7. Unearned Rent 8. Utilities Expense 9. Wages Expense 10. Wages Payable

Explanation / Answer

the following table gives the required answer:

1.accounts payable Balance sheet 2..accounts receivable balance sheet 3.cash balance sheet 4.Eddy rosewood, drawing statement of owner's equity 5.fees earned income statement 6. Supplies balance sheet 7.unearned rent balance sheet 8.utilities expense income statement 9.wages expense income statement 10.wages payable balance sheet

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