Dropped my Iphone 4S in water last night. Will this work?

I'm a very careful person, I take my phone in to the bathtub with me at least twice a week…
But I somehow managed to fling my phone across the room and in to the cat's water bowl.
I quickly plucked it out ( it thankfully landed on it's side and only in there for a second) and wiped it down. It was still working when I took it out except,
1. The sound on videos/vines isn't working
2. My text tones aren't working
3. I can't hear received calls unless they are on speaker phone
D; I used the phone before I did anything to see what was and wasn't working, then proceeded to blow water out of the socket, blow dry it ( from a distance ) and I have had it in rice for about twelve hours.

Q**Do you think that the problems I'm experiencing with my phone from the water will go away if i leave it in the rice?
And why is it that all of the other sounds on my phone are still working? When I go in to alarm and demo any sound it works. And It still makes noise when I receive a call, but not when I receive a text. D;

any help is appriciated

Put it in a bag of rice for 24 hours and keep your fingers crossed.

First leave your phone in uncooked rice for 24hours it should soak up any water left inside and after that if you still have those problems take it to the store you got it for help.

If the rice method doesn't work - try to sync with iTunes on your PC to backup. Sadly liquid damage is irrepairable. Just go to your nearest Apple Store and get them to replace with a refurbished unit for a fraction of the cost of buying a new one.